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Last updated on Monday, Nov. 02, 2009 9:25PM EST O ttawa's budget watchdog warns the federal government's deficit hole will be much harder to climb out of than originally thought, predicting that even after the economy has recovered there will be a persistent...
Tags: Parliamentary Budget, budget office, budget watchdog, office kevin, Kevin Page, federal government
The Canadian government is unlikely to balance its budget in 2013-14 as promised because of a weaker economy and new spending measures such as the auto bailout, the country's budget officer said on Monday...But he projects a shortfall of $41.3 billion...
Flaherty forecast a deficit of $34 billion this year and $30 billion next year...Because Canada's economy depends heavily on foreign trade, the health of other economies can have a big impact on the Canadian economic outlook. Statistics Canada also said...
Tags: Statistics Canada, Canada Post, Canada Economy, budget office, Ottawa Citizen, office says
President-elect Barack Obama's budget spokesman said Tuesday that the nation faces "the worst economic crisis since the Great Depression" and without a tough stimulus package it could lose another 3 million to 4 million jobs this year. "The short-term...
Tags: deficit, obama, barack, Barack Obama, Peter Orszag, budget deficits, elect barack, bill, bailout funds, budget office
Public schools could join higher education on the long list of state government agencies that face budget cuts both this year and next year. Budget advisers to Gov. Kathleen Sebelius have compiled preliminary recommendations that cut spending for public...
Tags: Kansas Board of Regents, Kathleen Sebelius, public schools, budget office
The audit found 12 significant lapses of adequate controls over such things as contracts with other state agencies, travel expenditures, salary adjustments and the recording and reporting of state property. In reviewing 21 contracts worth nearly $7.3...
Tags: budget office