So there was the initial $4billion that National screwed up in their budget numbers.
Then there was another $88million that they hadn’t taken into account.
The hole in National’s alternative budget may have blown out by another $3.9b after the party appears to have double-counted part of its transport programme.
The error has come about after National twice counted $3.9 billion left over from the New Zealand Upgrade package, an infrastructure plan announced by the Government in late January.
In fact, the left over money was put into Treasury’s multi-year capital allowance back in May. In National’s costings, the party had counted the two sums of money separately, when, in fact, the NZ Upgrade programme money now only exists in the capital allowances.
The result is National needs to find $3.9b from somewhere else.
These guys couldn’t get laid in a Monkey brothel wearing banana costumes!
This is humiliating now.
National clearly brainfarted the tax cuts idea out in break neck speed and Goldsmith has failed under the pressure.
National are telling us that they are the better economic managers, but the fact that this hole in their numbers has continued to grow to $8Billion is extraordinarily damaging.
They have no credibility on this front any longer and Labour need to be pointing this out a lot more.
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