While Manitoba’s youth are at the Legislature debating the future, the NDP government announced this week that the money future generations of Manitobans owe just keeps on growing.
Once again this week Greg Selinger and the NDP government were forced to admit that they continue to blow the budget. Department of Finance documents were released that indicate that the provincial deficit for this year is expected to be $64 million higher than projected earlier this year. That means that instead of a projected $421 million shortfall the NDP deficit is now expected to be $485 million. And that doesn’t even include the millions of dollars that are expected to be lost by Manitoba Hydro this year.
Half of the provincial government departments overspent their budgets and there is no belief among Manitobans that the NDP will ever be able to return the budget to balance. In fact, Greg Selinger and the NDP don’t seem to be even interested in trying, as the spending announcements just keep on coming with no indication of how they are to be paid for other than simply taking on hundreds of millions of dollars of more debt or increasing taxes.
In fact, when faced with the most recent financial numbers and the growing debt, Greg Selinger refused to rule out increasing taxes like the provincial sales tax (PST) yet again. And even while Mr. Selinger contemplates taking more money from Manitobans today through higher taxes, with each passing day, the debt that is left to the next generation of Manitobans just continues to grow.
