Mr. Speaker, I listened quite carefully to my colleague's speech, and the revision of history is amazing. When I hear Liberals talk about what happened in 2008 with the world economic downturn, the member was part of the party, and was here in the House calling for more borrowing and more spending. We emerged from that in the best shape of any country in the G8. Also, if we look at job creation, there were over one million net new jobs. Under the current government, in just one year, there are 30,000 fewer full-time employed people.
We have heard the wishy-washy answer by the Prime Minister yesterday, and I was in the House. He sort of said he was not going to be taxing this type of benefit, but he really was not very clear about it, and then the follow-up question to the finance minister was very wishy-washy.
Knowing that we are getting $1.5 trillion into debt, I would ask the member what the Liberals are going to cut next. Is it the pension income splitting, the public transit tax credit for students, volunteer firefighter tax credits, or tax credits for charitable donations? They can only balance the budget one way. What are they going to cut, or are they just going to raise taxes?