Australian Conservatives Readying for DO OR DIE Second Budget

Prime Minister Tony Abbott, facing growing pressure to call early elections, is expected to take a far more cautious tack in the conservative government's second budget on Tuesday after a politically disastrous plan last year. Abbott and Treasurer Joe Hockey were savaged in 2014 for handing down a budget that aimed to slash spending on social welfare programs in order to reign in spiraling deficits. Both have promised that Tuesday's budget will be "boring" in comparison, favoring tax breaks for small business owners and new family benefits over big-ticket structural items to address a collapse in revenue as a decade-long mining boom winds down.



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