Christopher Luxon: Prime Minister discusses Budget Responsibility Rules, debt and possible new taxes
National's brushing off concerns it has a reputational problem over debt - as it lays out new fiscal responsibility rules.
The party's promising a surplus by 2028/29 and Government spending below 30% of GDP - while ruling out new taxes on working people and small businesses.
Leader Chris Luxon told Mike Hosking that there's a choice between austerity and stimulation, but he believes it's years of government stimulus that has the country in its current mess.
He says they've plotted a third way, prioritising discipline around spending.
LISTEN ABOVE
See omnystudio.com/listener for privacy…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.