Thursday, March 29, 2018

$1BILLION /MONTH: INTEREST ON ONTARIO'S DEBT

    Toronto Sun:  By the time Sousa projects the Liberals will run a balanced budget, in 2024, Ontario’s debt will be $400.2 billion, up from $308 billion the Liberals claim for the 2017 fiscal year, already making them the world’s most indebted sub-sovereign (non-national) government.
   The Liberals say paying interest on debt — not a penny of which reduces the debt, or funds public services like health care or education, or finances tax cuts — will cost taxpayers $12 billion this year — $1 billion a month.

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