Mr. Speaker, the member is exactly right. This will affect the next generation.
As Canadians know, when they borrow money, they have to pay it back. The members of the government broke their word to Canadians to the tune of three times the deficit they promised, when they promised a $10 billion deficit that would be reduced to no deficit in their mandate. They have blown both of those promises out of the water. It is now a $32 billion deficit, and instead of being back to balanced budgets by the end of the first four years, the Liberals have no plan.
The finance minister was clear yesterday that he has no intention and no plan to bring this back to a balanced budget. We know it will be future generations of Canadians who will have to pay this back through higher taxes, or through critical program services cuts. The Liberals are good at that. They did it the last time they were in power. They cut $25 billion from the health care budgets across this country. We are heading down that same path with this out-of-control, reckless spending plan.