Madam Speaker, I listened to my colleague's comments. I am a little disappointed because the fact is we have made strategic and significant investments in health care, which is what Canadians wanted. We have been able to do it without a deficit. We are the only G-7 state paying off the national debt, down to 44.5%, and spending is at 12%. It was at 16% in the 1990s and it will decrease to below GDP in the next two years.
If we did everything the Canadian Alliance said, we would spend ourselves broke. At the same time, if we cut everyone's taxes, there would be no more revenue coming into the government and therefore we could not invest in the areas that the hon. member has suggested we should do.
The hon. member forgets that we have a $100 billion tax cut in five years, and we are presently in the third year. In the budget we have dealt with the issue of the capital tax, again responding to small business. The hon. member should know that the finances of the nation have never been better.
We go back to 1995 when the New York Times said that we were a basket case. Today we are not. I would like the hon. member to respond to the issue that in June 1995 the New York Times said that we would almost have to go to the IMF because we were in such dire financial straits. Today, we have no debt. We have six balanced budgets or better. We are able to cut personal income taxes and invest in Canadians. Could the member respond to that?