Mr. Speaker, even with the revisions proposed with respect to Bill C-48, there remains over $7 billion worth of tax reductions in Bill C-43, particularly aimed at lower and middle income Canadians.
I would point out that Bill C-48 itself calls for the government to avoid a deficit. It calls for the federal budget to be in surplus. It calls for $2 billion per year to be applied on debt paydown. That is all consistent with the fundamental principles of fiscal responsibility.