Will cut $50 billion in spending and then some going into the election.
sO it looks like $100 Billion in cuts is on its way if the lnp win the next election.
"CHRIS UHLMANN: So where will it fall?"
"TONY ABBOTT: There is no such thing as a pain-free spending reduction. Going into the last election, we outlined $50 billion worth of savings. We will be at least as good as that going into the next election. You can expect the same level of fiscal discipline and then some going into the next election that we took into the last election."