For what it's worth, the Labor Government didn't forecast debt to hit $667billion. That was Joe Hockey in Myefo in December 2014 after the Coalition had won the election. Good fun to fabricate a figure then reduce it by half just six months later as Joe Hockey points out in the clip you provided - extracted from Joe's 2014 Budget Overview - but it's just a marble under one of three cups job.
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For what it's worth, the Labor Government didn't forecast debt...
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