Discussion · Oral Questions
Jacob Mantle Conservative
“The budget watchdog says the government is spending now and paying later. How much will Canadians have to pay in the future for today's debt?”
“Mr. Speaker, last week, Parliament’s budget watchdog said the Liberals are engaging in a trade-off with the spring economic update. She called it potentially a spend now, pay later situation. We have all seen this scheme: just five easy payments, $19.95, and someone can have the newest thing. They just put it on their credit card, and they pay for it later. It sounds like spend less, invest more is really just spend now, pay more later. Can the Minister of Finance tell us how much Canadians will pay in the future for all the debt spending he is doing today?”
Official Hansard
Mr. Speaker, last week, Parliament’s budget watchdog said the Liberals are engaging in a trade-off with the spring economic update. She called it potentially a spend now, pay later situation. We have all seen this scheme: just five easy payments, $19.95, and someone can have the newest thing. They just put it on their credit card, and they pay for it later. It sounds like spend less, invest more is really just spend now, pay more later. Can the Minister of Finance tell us how much Canadians will pay in the future for all the debt spending he is doing today?