Months
ago former BC Liberal Finance Minister Kevin Falcon was saying the government
was going to have a difficult time meeting the numbers in what was already a
deficit budget.
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| The wallets of taxpayers have NO MORE to give |
The
news media has been filled with stories today that indeed the financial
estimates for the current budget do not look good – and we can expect the deficit
to be higher. Here’s just one of the news
stories:
CKNW:
BC'S finance minister has released the government's fiscal update for the first quarter. The deficit for the current fiscal year is projected to be higher than expected. Falling natural gas revenues are blowing a hole in the provincial budget.
BC'S finance minister has released the government's fiscal update for the first quarter. The deficit for the current fiscal year is projected to be higher than expected. Falling natural gas revenues are blowing a hole in the provincial budget.
The deficit for this year now pegged at
1.14 billion dollars. That's 173 million
dollars more than expected. The
provincial government is announcing new spending cuts.
The government must find 241 million
dollars in savings this year and 389 million in savings the following year and
even with those, would still come in with a deficit this year of 1.14 billion
dollars.
Premier
Christy Clark however still says next year’s budget will be balanced. She says this and yet we have
had no indication, from past example, that she has any idea how that should
and can be done.
Is Christy Clark still in some far away fairyland of non-reality?
Is Christy Clark still in some far away fairyland of non-reality?
Just
yesterday her government tinkered with the proposed tolls for the new Port Mann
Bridge saying they will now be $1.50 per trip for the first year (formerly had
said would be $6 per trip).
She
has continued to allow the executives and management, of crown corporations and
agencies, to take big pay raises … AND undeserved bonuses.
She
spends tens of thousands of dollars on photo-op after photo-op that are little
more than self-promotion of the BC Liberal Party.
We
still have a $6 million hole in government finances after the BC Liberals wrongly
authorized payment of the legal bills for Basi and Virk in the BC Rail fiasco.
They turned
down tens of millions of dollars, from Telus, for the naming rights to BC Place
– that after actively courting them to submit what they were willing to pay to
do that.
AND this
Liberal government – and the NDP before
them – have still never considered a full and complete bottom up look at
all spending. We, and government, have
no idea if we are getting the best value for every department – every office – every
employee and manager.
