Tony Abbotts announcement this morning that the Liberals will restore the private health insurance rebate in Government is yet another uncosted, undeliverable, unaffordable promise from an Opposition that already has to find $70 billion worth of cuts to services.
On 2GB radio this morning, Opposition Leader Tony Abbott said the private health insurance rebate was an article of faith for the Coalition:

We will restore the rebate in government as soon as we can.

2GB MORNINGS 15 FEBRUARY 2012

But the Opposition has yet to explain what services they will cut from the budget to fund the $70 billion hole announced last year, and now theyve blown it out by another $2.4 billion dollars.
No wonder their economic team cant say if, or when, they will deliver a surplus.
This is yet more fiscal irresponsibility from the Opposition, pledging to reinstate the fastest growing cost to the health budget.
Modelling has shown that, based on average growth patterns, expenditure on the private health insurance rebate would reach 75% of the Medicare budget by 2050.
What services will the Opposition cut from the health budget to fund this?
Tony Abbott should explain why low-income Australians should be subsidising the health insurance of wealthier Australians.
Why should a cleaner subsidise a CEOs private health insurance?
This pledge is just more fiscal recklessness from Tony Abbott.