We are already paying off the extra 500 billion that the LNP added to the budget when they moaned about a $300 billion deficit and then took that to almost $800 billion.
Then we have another $360 billion and growing bill for just 8 submarines to be delivered sometime in the next 30 years.
LNP have never cared about deficits...........they model the economy on USA. Just print more money.
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Albo's Government is heading to a $193bil deficit, page-73
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