Liberals defend budget’s lack of concrete exit strategy for upcoming deficits – Macleans
Budget designed to give Canadians “optimism and trust”, not “to reach some mathematical balance,” says Trudeau
March 23, 2016
OTTAWA – One day after the Liberals tabled an inaugural budget packed with new spending, the government found itself on the defensive over the lack of a firm plan to eventually eliminate billions in looming deficits.
The Liberal budget projected $113.2 billion in red ink over the next five years, due in large part to increased funding in numerous areas – from Aboriginal Peoples to post-secondary education, middle and modest income families, infrastructure, the recently unemployed, veterans and seniors.
