11-August-2010
Portfolio Media Releases, The Economy, Community, Funding
Analysis of Labor’s policy costings has revealed that 70 Labor policies worth a staggering $2.266 billion have no properly identified funding source.
The excuses range from being funded from:
- “The forward estimates” – without nominating a source or an item in the existing budget papers;
- “The Gillard Government’s commitment to return the budget to surplus...” – without providing any fiscal evidence it is fully funded;
- No source at all – Labor haven’t even bothered to put on their costings charade in some instances.
Wayne Swan has a massive $2.266 billion worth of questions to answer.
Mr Swan must explain where the money is coming from.
His efforts to date are laughable.
Mr Swan has to explain how he will pay for Labor’s $668 million teenager family tax allowance promise?
How will Mr Swan pay for Labor’s$222 million promise to put more chaplains in schools?
Where will Mr Swan find the $100 million to pay for Labor’s Deliver for Seniors package?
Mr Swan needs to answer these questions, because right now, his fudged explanations are not good enough.
Media Contact: Cameron Hill 0408 239 521