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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@B442LWM4wks4W
Yes, We shouldn’t be adding to debt to make certain groups happy. No matter race, creed, or religion. We are all the same. Therefore, money should go to services that everyone uses. Every type of person drives, so things like pothole maintenance, which is for everyone should have priority over a social service for a singular group.
@9ZM5X8C5mos5MO
Politicians should have their salaries and benefits dramatically cut. Down to no more than $80k a year until our economy is providing for all citizens.
Reduce government salaries and government spending on unnecessary things, reduce number of government officials and agencies
@9D8647BConservative2yrs2Y
Introduce a tax Freeze and only spend what the goverment takes in no borrowing money
@8ZTX2VQ3yrs3Y
Yes, but very small ones
@8WZ2L853yrs3Y
No, the government should spend less
@8VTY833New Democratic4yrs4Y
The national debt is something the conservatives made up
@8VM35S44yrs4Y
There will always be debt to paid, I don’t think that they should have to cut or increase anything in order to pay off debt.
@8VLPPZ74yrs4Y
Reduce the benefits and salaries of government officials, and end tax evasion.
@8VDFSLP4yrs4Y
Yes, but reduce unrequired services
@8TMSDPD4yrs4Y
Keep growth in spending to less than 2percent and eliminate waste within all departments. Eliminate out of date programs and freeze hiring for 2 years. Limit pay increases to 2.5 percent annually.
@8T2N4T34yrs4Y
What the government does with the money they have is up to them, they should decide, but they should not use the money of the people
@8RTHTCNRhinoceros4yrs4Y
No taxes at all create more money
@8R65L9P4yrs4Y
Depends on what cuts they are making.
@8QSXJXF4yrs4Y
Reduce government salaries based on public review and peer review, and properly tax large corporations
@8PGJYYZ4yrs4Y
not enough info on this issue
@8PB4H5D4yrs4Y
yes but only by a little
@8P6K79Z4yrs4Y
Reduce government bureaucracy Try to hold on to Multinational companies they employ people We can only afford so Much Government
@8P5XBJD4yrs4Y
Public funding should be geared towards evidence based policy. I endorse pruning wasteful spending and spending where evidence is lacking or contrary. I do believe reducing national debt is important.
@8L47BR24yrs4Y
for sure not because we are the ones paying all of the money that the goverment gets
@8CM9FY3Conservative5yrs5Y
Somewhat yes, there are way too many outs for free compensation. But the multinational corporations definitely need there tax loopholes revoked and must pay a higher tax.
@98WRY442yrs2Y
No but increase taxes on the wealthy and large multinational corporations, and focus on ending tax evasion as well.
@9D5HV3N2yrs2Y
Yes, and the federal govt should go back to pre-1974 policy of borroing all its operating funds from The Bank of Canada at low rates of simple interest, instead of the post-1974 (to current) practice of borrowing all its operating funds form private banks at compounded interest.
Ninety percent of our current national debt is the result of interest charged on interest, and less than ten percent of that borrowed money was used to operate the nation.
Stop borrowing form private banks and the debt will take care of itself.
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