Mr. Speaker, I am sure the member opposite has read what the economists in Canada and elsewhere have said about the budget and how economic action plan 2012 continues Canada in the right direction toward jobs, growth and prosperity.
Yes, there are modest spending reductions over the course of three years built into the budget. If hon. members want to see drama, they should go to the United Kingdom, or watch what the United States will be obliged to do when it tries to get its house in order. We never want Canada to be in that place. That is why we have moderate spending reductions, returning to balanced budgets in the medium term.