Monday, February 18, 2008

Liberal Promises Would Balloon Debt




Story here.

OTTAWA - The federal Liberals would plunge the country at least $62.5 billion deeper into debt over the next four years if they follow through on their promises, the governing Conservatives charged Sunday in their latest attack on the Grits and their leader, Stephane Dion.

(...)

"Stephane Dion has a spending problem," Industry Minister
Jim Prentice told reporters in unveiling the report at the party's campaign
headquarters in Ottawa.


"Ever since he became leader of the Liberal Party, and
indeed even before, he has been criss-crossing the country, making spending
commitment after spending commitment, promising tax dollars to special interest
after special interest, writing IOU after IOU.


"There's a price tag involved when you commit to new
government spending each time you stand at a podium, give an interview or issue
a press release. Canadians deserve to know this price tag. After all, it's their
money."

For their part, the Liberals deny the charge. But they don't make the case. They just deny.
In an attempt to cover up two years of costly spending promises, Liberal finance critic John McCallum is disputing items in the Conservative Party’s costing of Liberal spending promises. Unfortunately for McCallum – and his tax-and-spend leader – he is wrong.