Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

My question is to the Treasurer. I refer the Treasurer to revelations this morning that his own department now says that Australian government debt will reach $290 billion by Christmas this year and will breach the $300 billion limit next year. Given that the Treasurer told parliament just 12 months ago that 'we would be at the end of each year within the $250 billion cap', will the Treasurer now apologise for breaking yet another promise made to the Australian people?

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