Dix on 'unbalanced' budget law
Sep 27, 2012 / 5:32 pm
NDP Leader Adrian Dix says if he's elected premier, he'll consider getting rid of British Columbia's balanced-budget legislation.
Dix said Thursday he doesn't like the Liberal government's budget law, saying it's better to have the goal of balancing the budget rather than having a law that has to be repealed every time the books are inconveniently in the red.
"We've seen over the past four years it's kind of a Monty Python sketch," he said. "You know, we have a balanced-budget law and we never balance the budget.
"We haven't had a balanced budget this term, so I'd rather have a balanced budget than balanced-budget laws."
Dix made his balanced-budget comments to reporters following a speech to municipal politicians at the annual Union of BC. Municipalities convention.
The Liberals brought in their balanced-budget legislation in 2001 and amended it in 2009 to permit two deficit budgets. The government delivered balanced budgets between the fiscal years 2004-2005 and 2008-2009.
Finance Minister Mike de Jong said he's concerned one of Dix's first political promises involves getting rid of a law that seeks to keep the province's finances in line.
"It's troubling," said de Jong.
"Even before being in a position to potentially govern, Mr. Dix and the NDP are saying those rudimentary rules of not spending more than you take in shouldn't apply to an NDP government."
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