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Decentralized Democracy

House Hansard - 253

44th Parl. 1st Sess.
November 22, 2023 02:00PM
  • Nov/22/23 2:36:58 p.m.
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Mr. Speaker, the Prime Minister, who is not worth the cost after eight years, promised us that all the money he was adding to the debt would never cost anything because interest rates were low. Now we know that the amount the government is going to spend next year to cover interest on the debt has doubled to $52 billion. That is more than we spend on health care and twice as much as we spend on the military. Why is the Prime Minister taking money from soldiers and nurses and giving it to bankers?
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  • Nov/22/23 2:38:25 p.m.
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Mr. Speaker, as the Prime Minister was doubling our national debt, adding more debt than all previous 22 prime ministers combined, he claimed there would be no cost because interest rates, he said, were low, but those low interest rates are gone and the debt is still here. Yesterday, we learned that interest on the debt has gone up by over 100%, to $52.4 billion. That is more than the $52.1 billion we spend on health care and double what we spend on the military. Why is the Prime Minister taking money from nurses and soldiers and giving it to bankers and bondholders?
105 words
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  • Rabble!
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