Dear Coalition MPs,
On the Prime Minister of Australia government page it states
“Over six years, Labor ran up a $667 billion debt on the nation’s credit card.”
In the budget it quotes the total CGS on issue (gross debt) in May as $319 billion. It predicts net government debt for 2013-14 of $191.5bn.
The PM’s page also states that Labor left $123 billion in deficits with “no surplus as far as the eye could see” yet PEFO shows a cumulative deficit of $54.6 billion over the forward estimates under Labor policies with a surplus in 2016-17.
Coalition policies in the budget are predicting a cumulative deficit over the same period of $107.4 billion with no surplus predicted over the forward estimates. This is a deterioration of $53 billion in 9 months – that’s almost $6 billion a month. Are you SURE your policies are a good idea?
Could someone please notify the Prime Minister of his error because it seems Coalition MPs are repeating the incorrect information and it would be a terrible thing if you launched into an advertising campaign with the wrong facts.
Citizens for truth.
Like what we do at The AIMN?
You’ll like it even more knowing that your donation will help us to keep up the good fight.
Chuck in a few bucks and see just how far it goes!
Your contribution to help with the running costs of this site will be gratefully accepted.
You can donate through PayPal or credit card via the button below, or donate via bank transfer: BSB: 062500; A/c no: 10495969