Mr. Speaker, three and a half years ago, before he became Prime Minister, the Liberal leader posited a, shall we say, novel economic theory. He said, and I quote: as you know, the budget will balance itself.
Of course, no one on earth bought into the Prime Minister's economic theory, and for good reason. He is not much of a theoretician, but for the past three years, he has been putting his theory into practice and seeing what his vision for balancing the budget amounted to.
We still have to face reality though. When will the budget be balanced?