Mr. Speaker, the new Liberal Prime Minister's first budget is a credit card budget, with a $78 billion deficit. That is $16 billion more than the Liberals promised during the election campaign. I do not need a Ph.D. from Oxford University to know that running deficits means fobbing the bill off on our children, our grandchildren and our great-grandchildren. In fact, Fitch Ratings has warned that federal finances run a high risk of further deterioration.
When will this government respond positively and manage the situation responsibly?