Mr. Speaker, many members have spoken already, and on that side of the House they have focused on the spending side of things, how much they are spending and what they are spending on. It is easy because they are spending so much they can pick and choose what they would like to talk about.
However, I want to talk about fiscal anchors and how important they are to public budgeting. On page 53 of the budget, it says, “Repealing the Federal Balanced Budget Act”. In fact, the government does not talk about amending it. The Liberals are going full out and eliminating any fiscal anchors that we used to have.
Fiscal anchors ensure that when budgeting, the government is going to return to a balanced budget some day to pay off that debt and it is planning for it. In this budget document, there is no such section and the government does not talk about it at all. All the Liberals really talk about is how much they are spending.
I would like the member to comment on that. Does his government have a plan to reduce the deficit to zero and start paying down the national debt, and if so, when?