Saskatchewan Party Government Borrows $185 Million From Crown Corporations In Order To Balance Its Books
(I don't make this stuff up).
A notice of 'Correction' in today's Regina Leader-Post states the following:
"Correction
The Leader-Post
August 26, 2009
Murray Mandryk's Tuesday column incorrectly stated that the government was running a $415-million expenditure-over-revenue deficit. The government actually has a $50-million surplus, after reducing its debt paydown and borrowing an additional $185 million from the Crowns.
© Copyright (c) The Regina Leader-Post"
I am not sure how you 'balance' your budget by borrowing money? If you spend more than you take in, you have a deficit.
A notice of 'Correction' in today's Regina Leader-Post states the following:
"Correction
The Leader-Post
August 26, 2009
Murray Mandryk's Tuesday column incorrectly stated that the government was running a $415-million expenditure-over-revenue deficit. The government actually has a $50-million surplus, after reducing its debt paydown and borrowing an additional $185 million from the Crowns.
© Copyright (c) The Regina Leader-Post"
I am not sure how you 'balance' your budget by borrowing money? If you spend more than you take in, you have a deficit.
