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Lessons from Liberals’ 1995 budget…
Friday, February 25th, 2011
February 17, 2011
The authors maintain that, rather than trying to slow the growth in spending increases and hope for strong revenue growth over time—which in the ’80s and early ’90s left Canada with a large debt and substantial interest payments—the upcoming budget should actually reduce spending. Specifically, the budget should: Return program spending to levels prescribed in pre-stimulus budgets… [and] Marginally reduce provincial health transfer payments in exchange for granting the provinces greater flexibility and autonomy in delivering health care.
Tags: budget, Health, ideology
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