But but but … we’ll have a surplus budget in 2013. Honest we will:
The Government has blamed Australia’s summer of disasters for its move to raise the cap on government debt by $50 billion.
As Treasurer Wayne Swan was congratulated by colleagues after Tuesday’s budget speech, Assistant Treasurer Bill Shorten introduced draft laws allowing the government to increase the amount it can borrow from $200 billion to $250 billion.
And what’s more:
The proposed legislation would also remove a requirement that the Treasurer explain why the extra money is needed.
Barnaby is right.
Barnaby Is Right 
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