Back to Balance: A Shadow Federal Budget for 2010
20 Pages Posted: 6 Mar 2010
Date Written: February 18, 2010
Spending restraint is key to achieving a balanced federal budget over the next five years and should form part of Ottawa’s March Budget. This Backgrounder demonstrates how to limit the rise in the federal debt by prudently reining in spending growth rather than raising taxes, so that past and pending improvements to the nation’s tax competitiveness are not erased.
Keywords: Fiscal and Tax Competitiveness, shadow budget, federal budget, federal deficit
JEL Classification: H61, H62
Suggested Citation: Suggested Citation