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Costello slams stimulus

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Peter Costello has emerged from the backbench to launch a scathing attack on the Federal Government on their handling of the financial crisis, including criticising their stimulus package handouts. The former Howard Government Treasurer  said the cash handouts were unlikely to stimulate the economy and will just put the country into even more debt and called the spending "reckless". Costello says the government should instead spend money on programs with long-term benefits, such as infrastructure projects.

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