Look to the North for Fiscal Reform

by Cato Institute on Sep 3, 2014 | Views: 118 | Score: 0
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Cato Institute
Cato Institute on Nov 27, 2013 4:04 PM said:

From 1995 to 1998, Canada turned its $32 billion federal deficit into a $2.5 billion surplus. Canada's federal spending as a share of GDP dropped from 22% to about 17.5% during this period and has continued drop since, while U.S. federal spending as a share of GDP has increased.