The Hon Chris Bowen MP - Federal Member for McMahon
What's Happening Posted November 21, 2014.
Joe Hockey must immediately release his Budget update so Australians can see how much worse the Budget has become under the Liberal Party – and what further cuts are in store.
The Treasurer has clearly abandoned any responsibility for managing the economy and has lost control of his Budget.
Reports today suggest that the budget deficit for this year could blowout to $40 billion.
This would represent a $16 billion blowout from the budget bottom line left by Labor left at the election in the independent pre-election and fiscal outlook.
This would be a blowout of more than $36 million every single day since the Abbott Government was elected.
Joe Hockey shouldn’t hide until the week before Christmas to release his...Read complete article »