Business of Supply  People's feelings; that is absolutely ludicrous. We have a government that thinks the budget will balance itself and that an economy grows from the heart out. When the member opposite was campaigning, did she stand in any forum or at any door and commit to a budget that would get back to balance by 2019, a $10-billion deficit?

Business of Supply  The Prime Minister broke one of his key election promises when he said that he promised to balance the budget by 2019. He still believes, apparently, that the budget will balance itself, and those words are just as foolish today as when he said them during the campaign. What have Canadians actually got for all of this spending and red ink? Growth is no higher than before the borrowing began.

Canada Revenue Agency  Could the Minister of National Revenue explain why, after allocating $444 million to combat offshore tax evasion, we are told that her department is failing to collect $50 billion each year. Wow, $50 billion would be enough for the Liberal budget to balance itself.

Budget Implementation Act, 2016, No. 2  It is a minor detail, but in light of the logic espoused by the Prime Minister, who thinks the budget will balance itself, it comes as no surprise. During the election campaign, the Prime Minister said we needed to grow the economy from the heart outwards. We are very familiar with this concept and see it often.

Budget Implementation Act, 2016, No. 2  I want to talk about how the Liberals believe they need to craft a budget. In the last year we heard that the budget would balance itself and the economy would grow from the heart out. Nothing could be further from the truth. The budget will not balance itself, and the economy is not going to grow from the heart out.

Finance  We understand why the Prime Minister does not answer questions about the deficit. Just two years ago, he said that the budget would balance itself. With that sort of economic theory, it is no wonder we are going into debt. With regard to the $30-billion deficit, TD Bank said last week that the deficit could be as high as $34 billion and that, if nothing is done, we could end up with a cumulative deficit of $100 billion.

Income Tax Act  That is far from a balanced budget, far from revenue neutral, and far from the Prime Minister's pipe dream that the budget would balance itself. The tax changes for the so-called middle class come at a cost. The bill is being sent to our grandchildren and great-grandchildren who are not yet born, but who will be paying for this government's lack of political judgment, as seen in Bill C-2.

The Budget  A former deputy finance minister said that it failed the Liberals' own campaign commitments. Even the CBC called it a “shell game”. The Prime Minister thinks that the budget will balance itself, but how can the Liberals have any credibility on the economy when they keep fudging the numbers?

Finance  Mr. Speaker, the Prime Minister once stated that the budget will balance itself. Well, he was wrong about that. After inheriting a budget surplus of $1 billion from the Conservative government and after he promised a $10 billion deficit, his self-balancing budget policy is projected to generate a whopping $150 billion deficit over the next five years.

Income Tax Act  According to PBO research, the bill's proposed income tax bracket changes would lower government revenues by $8.9 billion over six years. This may not be important to those who believe the budget will balance itself. However, for those of us who live in the real world, numbers matter. Based on Finance Canada's estimates, the new Liberal tax plan amounts to an average $6.34 a week extra for those individuals who qualify.

Economic Action Plan 2015 Act, No. 1  Their leader has no plan for balancing the budget. In fact, what is even more disturbing is that the Liberal leader said that the budget would balance itself. Even with the tax increases he proposes, his plan leaves a $2 billion gap that can only be closed by increasing the debt and creating new taxes. The NDP does not offer any more hope.

The Budget  As the Minister of Finance said on Tuesday, “This budget is written in black ink”, a standard accounting practice of using black ink as opposed to red ink to denote positive values, especially a net income. Contrary to what the leader of the Liberal Party believes, that “a budget will balance itself”, it takes work. It takes thoughtful, careful consideration and it takes a great deal of discipline to balance a budget. Ask families in Newmarket—Aurora about budgeting and they will tell us what discipline it takes to ensure that the mortgage is paid, that there is money for gas in the car and that there is money for food on the table.

Financial Statement of the Minister of Finance  When he referred to the government budget last year, he said that there is no need to worry about the deficit, we should aim rather at stimulating the economy and the budget would balance itself. For the leader of the Liberal Party, the more a government spends, the more it stimulates the economy, the more its revenues will grow and the less we need to worry about the deficit.

Taxation  As for the OAS, the member was on this side when that change was implemented, and she voted in favour of it. I think there is some confusion over there. Her Liberal leader thinks that the budget will balance itself. Canadians know better, and that is why they will always rely on us to deliver solid economic leadership.

The Economy  Speaker, that is the type of question we hear from a party whose leader believes that the budget will balance itself. Canadians understand that budgets do not balance themselves. That is why they support the idea of improving the universal child care benefit, which gives them $2,000 for every child under 6 and $720 for every child 6 to 17, not to mention the tax cuts for families.