Author Topic: Remember the $30B deficit? Well, it turns out that it's actually a $20B deficit.  (Read 2726 times)

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Offline segnosaur

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Re: Remember the $30B deficit?  Well, it turns out that it's actually a $20B deficit.
Wasn't that a tactic that Chretien used to use? Over-inflate the deficit projections, then claim success when the real numbers came in at less than expected?

Yes, its a good thing that its closer to $20 billion instead of $30 billion. But, its still more than the $10 billion that had been promised.  And, it should be noted, there are several rather significant spending obligations that are coming up that will impact their ability to reduce the deficit... most notably planned military spending.