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

that is well going to exceed, as the Secretary of the Treasury advised the Senate, over $400 billion.

The fact of the matter is this. I know the Leader of the Opposition has a shadow Treasurer who does not understand the difference between net debt and gross debt, but I would say to the Leader of the Opposition—

Opposition members interjecting—

Come on.

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