Читать книгу Northern Light: Lessons for America from Canada's Fiscal Fix - Robert P. Murphy - Страница 14

Finance minister Paul Martin claimed in his 1995 budget speech that the government “must focus on cutting spending – not raising taxes.” It didn’t quite turn out that way, as the new budget did raise some taxes. Even so, for the next two years, spending reductions were more than four and a half times larger than revenue increases.