The Victorian treasurer says the government won't fund the entire cost of the East West Link road. Source: AAP
VICTORIANS won't be able to use the East West Link tunnel to drive to work for decades, the opposition says.
The state government has pledged almost $300 million for the $6-8 billion East West Link and says the federal government could jeopardise the project if it refuses to contribute $1.5 billion to the toll road.
In his budget reply speech, shadow treasurer Tim Pallas said the government's 2013/14 budget was based on funding of less than four per cent for a toll road.
"Let me tell you something: you don't drive to work on a procurement plan," Mr Pallas told parliament on Thursday.
"And that's all this is - that's the big con in this heartless budget."
Mr Pallas ridiculed the government's plan for the road saying at this rate Victorians won't be able to use the link until 2067.
"That's five years after the Jetsons perfected flying cars," he said.
Mr Pallas said Labor believed in a reliable health system and a strong education system.
Treasurer Michael O'Brien continued to spruik the budget on Thursday, saying the state won't fund the entire cost of the road link because it cannot afford to lose its AAA credit rating.
He said if the state lost its AAA rating, it would increase the cost of borrowing money for other projects and would mean less money is available for yearly spending.
"If it's the old argument of, you've got AAA rating so why don't you borrow your head off, well the fact is if you borrow your head off you won't keep your AAA rating," he told ABC radio.
"And we need to keep that AAA rating because otherwise the interest costs we will be paying on our borrowings will be much higher."
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