Cutting revenue and increasing spending by Abbott and Hockey are the reason the budget/deficit/debt has deteriorated.
For example, try cutting $10b in revenue and increase spending by $10b, and the budget/deficit/debt will deteriorate instantly by $20b.
The Libs are struggling to find other revenue streams to replace the revenue they cut.
As for any budget reform, just listen to the screams here on HC when there is even just a hint of budget reform from the top down.
- Forums
- Political Debate
- Australian Debt accelerating under LNP
Cutting revenue and increasing spending by Abbott and Hockey are...
-
- There are more pages in this discussion • 64 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant