Madam Speaker, I think I heard pretty well the hon. member's entire speech and I am not sure whether he mentioned anything about the debt burden that exists today. He spent a lot of time talking about tax increases, where government is misspending its money and those kinds of things. I was very sympathetic to what he had to say.
I kept thinking of our new grandson who just came into the world. I look at that little boy and think about the debt burden he is carrying as a newborn child on the Canadian scene. We are getting nothing for that. We are paying interest charges of something like $40 billion or $42 billion a year. That is roughly half of what we need to pay for our health care expenses on an annual basis in Canada.
Could my colleague say something about the need for a plan to do two things? First, there is a need to balance the budget. Then there is a need to pay down the debt, and not in a happenstance kind of way where if we happen to have a little money left over we will pay down the debt a bit. Should there not be a systematic plan that would reduce the debt so that the burden on young children coming into the world today will be reduced somewhat? Could he comment on that?