Just when the governor appeared ready to think hard about new concepts, an $ 18 billion
budget deficit appeared.
Not exact matches
Under Bill C - 59, if the Minister of Finance tables a
budget that projects a
deficit or if a
deficit is reported at the end of the fiscal year, the Minister must
appear before the House of Commons Finance Committee within the first 30 days of the House of Commons sitting to explain the reasons for the
deficit and present a plan for a return to balanced
budgets.
It
appears that either the Department of Finance is unable to forecast direct program expenses, or the Minister of Finance has adopted the previous government's approach of ensuring that his
deficit targets are met or bettered by «hiding» extra prudence in his
budget forecasts — an approach he criticized the previous government for.
Despite years of economic prosperity, the PCs have run
deficit budgets since 2008 and do not
appear to have planned for any economic downturns (even though the price of oil has always been cyclical in nature).
On balance, the results to date
appear to be consistent with the March 2017
Budget forecast of a
deficit of $ 23.0 billion.
In a mind - numbing thought, it
appears that the implementation of austerity
budgets actually had the effect of increasing
deficits as economies slowed as austerity began to bite.
Given that reality, the Republican's deep concern about
budget deficits does not
appear be either sincere or honest.
Gov. David A. Paterson
appears to have changed his mind on the State Senate recounts preventing a special legislative session to close this year's
budget deficit.
PLATTSBURGH — Following months of
budget negotiations, the city
appears no closer to bridging the $ 1.6 million
deficit.
Furthermore, the Board of Education has failed to discuss the fact that Bridgeport's school
budget is not balanced, as Superintendent Vallas has claimed, and a growing
deficit will soon be
appearing on the City's books.
Well, look at greater Europe: The overall EU
budget deficit's around 4 % of GDP, whereas a 7 - 10 %
deficit in the US now
appears simply run - of - the - mill.