Tuesday, December 01, 2015

Deficit To Be Billions Larger Than Lib Forecast

Surplus in 2015 - 2016

Huffpost reports the parliamentary budget office's fiscal outlook is not nearly as rosey as the one the Liberal government if forecasting.

The office says the government is currently headed into a $1.2 billion surplus this fiscal year as opposed the $3 billion deficit they are predicting.

The deficits forecast for 2017 - 2021 are greatly at odds with the surplus the Libs are forecasting.


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