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Flat White

Budget 2020: too much spending, too little reform

The Budget is too focused on the short-term, too heavy on spending and too light on permanent structural reform, Centre for Independent Studies experts say.

“New spending is enormous, and although most of it is supposed to be temporary one wonders whether it will be fully unwound. Over four years spending increases outweigh tax decreases by more than $4 to $1,” CIS Senior Fellow Robert Carling says.

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