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Wednesday, August 26, 2009 

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:


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.

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