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Hockey is not rushing back to surplus.
He will bring the budget back to surplus.
"So now we need to continue with our path back to surplus," the treasurer said.
Mr Hockey insists that the government is still on a "clear and credible path back to surplus".
The path back to surplus outlined in Tuesday's budget is driven mostly off the back of revenue growth.
Both major parties accept that trying to get the budget back to surplus should be their aim.
Similar(27)
"But in good times, we got back to surpluses.
Marshall stated that while he could have eliminated the deficit in one year through cuts, the government decided that they would run a deficit for two years before going back to surpluses.
"The only way to get back to a surplus is under a Coalition government, because Labor will never get back to a surplus".
But Italy's problems arguably have less to do with government debt than with rigid business patterns, corruption and cronyistic regulations, not to mention low birth rates; and democratic governance has in fact succeeded in getting Italy's budget back to primary surplus (unwisely so, in the midst of Europe's recession).
Responding to the report, Prime Minister Tony Abbott said the government had a credible path back to a budget surplus but would not put a date on when that would be achieved.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com