Monday, May 26, 2008

Then & Now - Surplus Edition

Then, March 23, 2004:

[Stephen] Harper said the only reason the Liberals can achieve a surplus is because they overtax Canadians and spend the money on "pet projects."
Now, May 23, 2008:

The federal government's surplus for its latest fiscal year came in around $10.2 billion, the finance department said Friday.

The government said its budgetary revenues for the year that concluded on March 31 increased by $10.6 billion, or 4.6 per cent, driven by gains in income tax revenues and other revenues.

Spending on government programs grew by $12.5 billion, or 6.8 per cent, because of higher transfer payments and operating expenses of departments and agencies.

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