Senate debates

Wednesday, 12 May 2010

Questions without Notice

Budget

2:00 pm

Photo of Eric AbetzEric Abetz (Tasmania, Liberal Party, Shadow Minister for Employment and Workplace Relations) Share this | Hansard source

Mr President, I ask a supplementary question. Can the minister confirm that, in order to fund its deficit and, as we have just been told, to focus on repaying debt as quickly as possible, the government is in fact borrowing $783 million every week—that is, some $77,000 every minute of every hour of every day?

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