Labor picks $70b hole in Abbott policies Tony Abbott is under an election eve attack over an apparent $70 billion black hole in his campaign policies, with the government insisting the opposition would have to "cut to the bone" in health and education to keep his promises. Prime Minister Kevin Rudd is poised to ask Governor-General Quentin Bryce to clear the way for a September 7 election, with VIP jets in Canberra lined up ready to fly the two party leaders around the nation for a frenzied election campaign. But on Saturday Mr Rudd said he had been getting on with governing, still had negotiations to conclude with some state governments over education reform and intended to attend the G20 in Russia next month. Not yet: Prime Minister Kevin Rudd claimed on Saturday to have made no determination on the date of the election. "I've made no determination whatsoever in terms of the date of an election," he said. But Mr Rudd filmed a campaign advertisement on Friday and on Saturday appeared in Brisbane alongside Nauru's President Baron Waqa to sign an agreement to bolster Labor's hardline asylum seeker policy, which it hopes will win votes in western Sydney. And just a day after releasing its own economic statement that revealed a $33.3 billion revenue write-down over the next four years, the government has lashed out at the Coalition, demanding to know what drastic cuts Mr Abbott will make if he is to keep his election promises. Finance Minister Penny Wong has released the government's own analysis of the opposition's unfunded spending commitments and said the promises would blow out the budget bottom line over the forward estimates by $70 billion. "The opposition would have to make $70 billion in cuts to match our path to budget surplus, which they have repeatedly insisted they would do if elected," Senator Wong said. The only way Tony Abbott can make his budget numbers add up is to cut deeply into key services such as health and education, transport and infrastructure investment. Senator Wong said the opposition could no longer hide behind excuses and a promise to release its own costings at a later date. According to the government, contributing to the blowout would be Mr Abbott's commitment to scrap the carbon tax, implement a direct action plan, introduce a generous paid parent scheme and repeal the new mining tax. Shadow treasurer Joe Hockey described Senator Wong's analysis as fanciful, insisting it was nowhere near a true representation of Coalition policies or costings that will be fully costed and revealed before the election. "This is typical of what is wrong with the Labor Party - more lies and more deception," he said. Having consistently got their facts so wrong on their own budget all they can do now is talk about the Coalition, and they get that wrong too. Labor's budget has lost $3 billion a week since May, the deficit has doubled and debt is now way beyond $300 billion. The Coalition is doing a meticulous job of costing its policies using the independent Parliamentary Budget Office and other sources. We will reveal our fully costed and fully funded set of policies before the election.