Good fiscal news comes at the expense of the most vulnerable
The fiscal news just keeps getting better for the Houston government. Three months after releasing an update showing that the deficit projected in the Liberal budget for 2021-22 would be lower than expected, their latest forecast has the operating deficit disappearing altogether. Instead of being in the red by almost $600 million, as per last spring’s budget, we’re looking at a surplus of more than $100 million for the fiscal year ending March 31, 2022. A number of things contributed to the fortuitous turnaround but the Conservatives, in power now for four months, can’t claim credit for any of...
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