The Coalition's chicken feed savings don't add up

Joe Hockey's verbal rampage against debt doesn't match Coalition's costings, which could risk a true budget emergency in the long term if downside economic threats materialise.

An Abbott government will not deliver a budget surplus in any of the next three years. This is one of the extraordinary outcomes of the Coalition’s release of costings yesterday that will leave the budget deficit hawks bitterly disappointed given the paltry $6 billion in aggregate budget savings delivered over the full four years of the forward estimates.

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