Canada

Canada - Canada: Out of the Red pr esent ed by: I e Li ng |...

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Canada: Out of the Red pr esent ed by: I e Li ng | Pat r i ck | Kyl e | J on
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Canada’s deficit as % of GDP § 1975 1995
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US deficit as % of GDP 1970 1975 1980 1985 1990 1995 2000 2005 2010 4 2 0 -2 -4 -6 -8 -10 -12
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§ Kyl e Budget § J on Ent i t l ement § I e Li ng Pr i vat i zat i on § Pat r i ck Taxes How Canada got out of the red
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“We hav e s ai d f r om t he be gi nni ng t hat we woul d me e t our t ar ge t s c ome what may . The r e f or e , t hos e gaps mus t be c l os e d. Wi t h t hi s budge t , we ar e c l os i ng t he m” We wi l l hi t our de f i c i t t ar ge t f or 1995- 96. We wi l l hi t our de f i c i t t ar ge t f or 1996- 97. ” Budget
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§ Budget cut s i n gover nment spendi ng wer e l i st ed i n dol l ar amount s, not r at es § $6- 7 of spendi ng cut s f or ever y $1 of t ax i ncr ease § Spendi ng on pr ogr ams i n ‘ 95- ’ 96 was Budget Changes
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Cut in $ Amount Cut in Rate Dollar Amount Vs. Rate
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This note was uploaded on 12/29/2011 for the course BUS 453 taught by Professor Jerrynelson during the Fall '11 term at BYU.

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Canada - Canada: Out of the Red pr esent ed by: I e Li ng |...

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