Spokesperson Islay Aitchison says, "Reducing
public debt to 30 percent of GDP over approximately a decade
would minimise the cost to New Zealanders and, in turn, the
amount they will have to repay in tax. Paul Goldsmith had a
plan to achieve this — what happened?""
Judith
Collins now says that 30 percent was only ever
'aspirational', and that 'under no circumstances' should
National commit to a particular reduction. Why not at least
commit to seeing through the proposed spending cuts, such as
Fees Free and superannuation contributions, and avoiding new
schemes that aren't proven to be productive?"
"From
the outside, it seems Judith Collins is trying to carve out
some space in the Budget for yet-to-be-announced election
bribes. Taxpayers won't thank her for that as they repay a
massive public debt. This is a win for the Debt Monster and
a loss for New
Zealand."
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