The Liberals' inaugural budget contains a $29.4-billion deficit for 2016 which is 10.2% of government spending. Proponents of spending argue that it is a great time for the government is going to borrow money, since interest rates are at 50 year lows. Opponents argue that the spending could get out of control and the debt could easily reach $100 billion a year by 2020.
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@9DK3RYT2yrs2Y
Cut programs that make no difference to Canadians, and ensure benefits have severe restrictions for all government officials. Also, end tax evasion and eliminate loopholes.
@938YDSW3yrs3Y
Yes, but only if the cutting done doesn’t have a big impact
@8V55QDJ4yrs4Y
The deficit in 2020/2021 is over 300billion, even with low interest rates this amount of borrowing is harmful to future generations and interest rates are slated to begin to increase again in the coming years. Strategically cutting spending is the best option.
@8TB56SX4yrs4Y
spend the money on important things only which leaves money and not leave us in debt
@8PKSWWG4yrs4Y
No, also reduce military spending and tax evasion by the rich.
@8CLBFQM5yrs5Y
@9C6FHRT2yrs2Y
The government should reduce wages of the higher ups and reduce their spending on un-needed thing so that we do not lose the money needed for social programs.
@99886ST2yrs2Y
Yes, but only when they have properly evaluated which public institutions can be financially cut without being a detriment to the safety, security and welfare of the people.
@9TV5VL57mos7MO
yes, and the cuts should be on useless public programs that the majority of Canadians do not technically need
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