BREAKING: Feds table brutal budget. Interest charges cost taxpayers more than $1 billion every week. Debt doubles under Trudeau govt. $40 billion deficit, no plan to balance the budget. Trudeau’s only plan is to take as much money from taxpayers as he can get away with.
@franco_nomics I do not mind taxing greedy corporations
@franco_nomics Imagine how many houses we could build with $$54BILLION bucks @cafreeland. Put that in your #Fairness pipe and smoke it instead of whatever head-bobbing stuff you are on now.
@franco_nomics All about equalization and dependency x.com/melissalmroger…
@franco_nomics All about equalization and dependency x.com/melissalmroger…
@franco_nomics Maybe your organization would be taken seriously if it actually did some sort of analysis.
@franco_nomics @keith_t64 How anyone in the HOC could support this budget is beyond me. We need a non-confidence vote asap.
We pay 665 million a week. I know the 1 billion figure you're using, and you're confused. You're making your calculations based on the servicing charges in the year 2028-2029 if our government revenue remains the same as we projected for the fiscal year 2023, but our spending increases. Of course the revenue is going to increase as well each year, so its very unlikely we will reach that 1 billion dollars a week figure by 2029. Its also important to put this in the context of total government spending. 6.5% of our government spending went towards paying our debt, enough to cover our interest owed on it. Since our GDP has grown by 5% in the last few years, while debt has stagnated, our debt relative to GDP, and relative to government revenue has decreased.
@franco_nomics Something in the budget for everyone. That’s why you hate it. #Fairness #Budget2024