Australian Prime Minister Anthony Albanese has assured the public that the latest round of government relief for low-income Australians would not fuel inflation amid warnings from the opposition. In an interview with ABC Radio on May 10, the prime minister reiterated the government’s views that the $14.6 billion living cost package outlined in the 2023-2024…
Federal Government Intends to Ban Animal Testing With Omnibus Budget Bill
A 430-page federal government omnibus budget bill includes a revision that would ban animal testing by the cosmetics industry within six months of being passed into law. Bill C-47, the Budget Implementation Act, amends multiple federal bills, including the Food and Drugs Act, according to Blacklock’s Reporter on April 24. The revision to the Act…
Most Canadians Think Feds’ High Spending Hampers Central Bank’s Inflation Fight: Survey
Most Canadians hold the view that high spending by the federal government is what hinders the nation’s central bank from taming inflation, according to a survey by the Bank of Canada (BoC). Released on April 3, the report, titled “Canadian Survey of Consumer Expectations—First Quarter of 2023,” also indicated that nearly one-third of Canadians believe…
Alberta Government Says Feds’ Budget Lacks Fiscal Responsibility
The Alberta government expressed concern about the level of spending in the federal budget tabled Tuesday, which anticipates $43 billion in net new spending over six years, even as federal debt has hit an eyewatering $1.18 trillion. President of the Alberta Treasury Board and Minister of Finance Travis Toews said the province was analyzing the…
Poilievre Calls for Spending Cap, Tax Cuts in Coming Federal Budget
The coming federal budget should lower taxes, cap spending and make it easier to build new houses, Conservative Leader Pierre Poilievre said Sunday as he pinned blame for current economic woes on the Liberals. Poilievre spelled out his party’s budget priorities in advance of the government’s latest fiscal blueprint, to be presented to Parliament on…
Canada’s 2023 Federal Budget Coming March 28: Finance Minister Chrystia Freeland
Finance Minister Chrystia Freeland says she will table the 2023 federal budget on March 28. The Canadian economy is expected to slow significantly this year and potentially enter a recession as high interest rates squeeze the budgets for individuals and businesses alike. Freeland has stressed that the Liberal government is focused on fiscal restraint, so…
McCarthy Stands Firm, Rejects Biden Demand for ‘Clean’ Debt Ceiling Hike
Speaker of the House Kevin McCarthy (R-Calif.) rejected President Joe Biden’s demand that Congress increase the nation’s debt ceiling without attaching any conditions such as the spending cuts that virtually all congressional Republicans are demanding. In an informal news conference with reporters just outside the Capitol, McCarthy said “we’re six months away, approximately, and what…
McCarthy Rejects White House Demand for ‘Clean’ Debt Ceiling Hike
Speaker of the House Kevin McCarthy (R-Calif.) rejected President Joe Biden’s demand that Congress increase the nation’s debt ceiling without attaching any conditions such as the spending cuts that virtually all congressional Republicans are demanding. In an informal news conference with reporters just outside the Capitol, McCarthy said “we’re six months away, approximately, and what…
House GOP Leaders Denounce Democrats ‘Jamming America’ with Last-Minute Omnibus Spending Package
December 14, 2022
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House Republican leaders condemned on Wednesday the failure of Democrats who controlled both chambers of Congress and the White House for waiting until the last minute before Christmas to “jam” through an omnibus spending bill that nobody will be able to read before voting on it. “The Democrats have been in power, they have had…
Blue States Are Still Bloating Their Budgets With Federal COVID Dollars
Commentary The federal government has doled out well more than $1 trillion in COVID-19 aid to the states over the last two and a half years. It was money that most red states didn’t need because they kept their economies open. But blue states shut down and begged Congress to give them money to balance…
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