Ted O’Brien says budget deficit a result of government ‘spending spree’

Ted O’Brien says budget deficit a result of government ‘spending spree’ | 7.30

Today Treasurer Jim Chalmers unveiled the first budget deficit since Labor came into office.
But the government was keen to stress that at just under $10 billion, the deficit was substantially lower than predicted going into the election when Treasury forecast it would be around $28 billion.
While the Liberal leadership under Sussan Ley has been under intense pressure, she and her deputy Ted O'Brien have begun to lay out an economic philosophy, based on restraining big government and cutting government debt.
7.30's Sarah Ferguson interviews Shadow Treasurer Ted O'Brien.
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Welcome to ABC News In-depth, where you'll find our long-form journalism and explainers to help you understand what's going on in the world around you. You'll find all your favourite ABC News programs: Four Corners, Foreign Correspondent, Australian Stor...

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