Tags » Federal Budget

Despite $7.5B surplus, Liberals insist they’re left with a deficit

OTTAWA – The federal government ran a budgetary surplus of $7.5 billion over the first 11 months of its fiscal year – putting Ottawa’s books well ahead of its 2015-16 deficit prediction with one month to go. 373 more words


Editorial - Super Tax Will Cost More Than it Raises

Increasing the tax on super contributions is yet another ill-conceived ‘budget fix’ idea which attempts to tax our way to prosperity.

The whole point of super is to decrease people’s reliance on aged welfare ( 1,655 more words


28 Apr 2016 (AFR) - Deflation raises budget rate cut; Reserve Bank on collision course with Morrison after deflation shock

(28 April 2016, AFR, p1, by Jacob Greber)

‘The Reserve Bank of Australia might intrude on the Turnbull government’s crucial pre-election budget on Tuesday, with an interest rate cut that could trigger alarm about the health of the economy. 115 more words

1.Market Observations

Isn't 67% enough?

A famous labor leader when asked what unions wanted, replied “more.” Hey who doesn’t? That is certainly true of the Americans who support the philosophy of Bernie Sanders. 257 more words

Observations On Life

"Worse Than Useless": Emergencies Causing Problems For The Do-Nothing Speaker

At the New Republic David Dayen has an appropriately scathing appraisal of House Speaker Paul Ryan’s accomplishments this year. He famously cannot get a budget resolution passed. 419 more words


Senate Appropriations Committee Approves FY 2017 THUD Bill

The Senate Appropriations Committee on April 21 unanimously approved its $56.5 billion fiscal year (FY) 2017 Transportation-HUD (THUD) spending bill and accompanying committee report. The bill provides $827 million less than FY 2016 and $2.9 billion less than the Obama administration’s FY 2017 request. 1,277 more words

Affordable Housing

How LIHTC Caps Have Grown Since 1987

As noted here earlier this month, the Internal Revenue Service (IRS) released population figures for 2016. Those figures are an important component of how a state’s amount of available low-income housing tax credits (LIHTCs) is calculated. 417 more words

Affordable Housing