Shadow Treasurer Jim Chalmers has taken another heavy swing at the Coalition’s budget management.
Speaking in Logan today, Chalmers accused the government of irresponsibly racking up debt.
“They had doubled the debt before the pandemic,” he said.
“These were the same characters going around Australia saying that debt and net debt at $175 billion was a debt and deficit disaster.
“Now, for the coming year, I think it’s $715 billion or so.”
Chalmers said the debt in this year’s budget is not entirely a consequence of the pandemic.
“This government has an excuse for everything and a plan for nothing,” Chalmers said.
“They take credit for things like commodity prices improving, but they don’t take responsibility for the fact that they wasted $5.5 billion on submarines that will never be built.”
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