11. Believes that the attempt to reduce the budget deficit primarily through increasing revenues does not guarantee that results can be maintained and emphasises the need to take measures to achieve greater rationalisation of expenditure; underlines the risk of an excessive increase of the tax burden and stresses the need for a decrease of current expenditure in certain Member States; recommends that an examination be made of the ways in which tax cuts decrease the tax burden on labour, and how they contribute to the creation of regular jobs, maintaining a moderate wage policy and harmony between the social partners, and ensuring that these cuts are ...[+++] properly financed without further undermining social and health benefits for the low-income section of the population;

Under the government's watch, we have seen decades of growth in program spending financed by increased taxes and deficits.

If governments could create jobs through deficit spending and tax bills like Bill C-36, everyone would have three jobs each by now.

Including net lending and current spending financed by privatisation revenue, the consolidated general government balance in 1999 is worse than the 5.8% of GDP deficit recorded in 1998.

Continued deficits simply impoverish future Canadians and ensure their dependence on an unravelling social safety net which is not financable in the future.

In Canada, is the infrastructure spending financed by borrowing also counted in the deficit or is it excluded from the calculation?