Madam Speaker, the hon. member made some very compelling arguments about the need for lower taxes. It was a very good presentation and I appreciated it very much.
However, he did not mention the need to start paying down the debt which previous governments over the last 20 years have incurred on behalf of all Canadians. It is close to $600 billion. One-third of every tax dollar we send to Ottawa goes to interest, which does nothing for anyone. With the threat of rising interest rates we have a ticking time bomb.
Would the member be so good as to articulate a plan which would address and start to pay down the debt, as opposed to the increased spending that we see from the other side?