Senator WONG (South Australia—Minister for Finance and Deregulation) (14:18): I would make this point: on this side of the chamber we have taken some $160 billion worth of savings over five years, including— Senator Brandis: And you've brought in the four biggest budget deficits in Australian history! Senator WONG: One hundred and sixty billion dollars worth of savings. How many— Honourable senators interjecting— The PRESIDENT: Senator Wong, resume your seat. Senator Conroy: George, did you miss the global financial crisis? The PRESIDENT: Senators on both sides, if you wish to debate this, the time is after question time. Senator WONG: I am sorry, I should have said we have found $130 billion in savings over five budgets, in the context of a revenue write-down of $160 billion over five years since the start of the GFC, something that those opposite do not wish to recall. In addition, in the midyear review we have taken some $16 billion of savings, and I would make this point: when we come to this parliament, we announce our budget or our budget updates and we list off the savings, what do we hear from the other side, the great guardians of fiscal discipline? We hear 'class warfare'. We hear comments about us not thinking second children are worth much. We hear all sorts of political comments because when it comes— (Time expired)