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Yet another Lie.... I mean ALP budget (Read 167 times)
RightSadFred
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Yet another Lie.... I mean ALP budget
Aug 2nd, 2013 at 2:29pm
 
http://www.smh.com.au/federal-election/the-pulse/politics-live-august-2-2013-20130802-2r3in.html

Mini budget is code word for softening the blow.

Quote:
I brought you some of the main figures in the 12.34 pm post.
Some of the others are:
the size is the deficit in 2013/14 is expected to be $30.1 billion;
the deficit in 2014/15 is expected to be $24 billion; and
the budget is expected to return to a surplus of $4 billion in 2016/17.
In total the statement contains savings of $17 billion (including things we already know about like the change to fringe benefit tax arrangements for cars, the levy on banks and the increased tax on cigarettes).



So this is a smaller lie awaiting a bigger lie later on.

I have lost count of how man surpluses the ALP have predicted, but the actual surpluses they have delivered is real easy to count .... none.

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