Ryan Bridge: the treasury's told us what we knew all along

Early Edition with Ryan Bridge · Aug 7, 2025 · 2m · transcript

The $66-billion question hanging over Labour's head has been answered.

This new Treasury report tells us what we all already knew about Labour's Covid response.

They went too far. Spent like a drunken sailor. Made it rain dollar bills.

When Treasury advised them to pull back, they didn't they kept going.

Covid was the most expensive economic to this country. The government spent $66-billion - which is 20% of our GDP.

Of that, just 18% was spent on specific pandemic healthcare costs.

Then they just kept spending.

Forget the Nigerian prince, this is the biggest scam to hit kiwi shores.

They…