Every day is d-day with Kevin's debt and deficit TALK about chutzpah. On Tuesday, Treasury and Finance release the Pre-election Economic and Fiscal Outlook showing a cumulative deficit from 2008-09 to 2015-16 of $250 billion; but Kevin Rudd calls it "D Day" for the Coalition, as if it was Tony Abbott who had some explaining to do. In reality, every day is Deficit Day under Labor, whether times are good, bad or "in transition." Ultimately, however, deficits will be paid for through higher taxes.