The problem for the Liberals is that Stephen Harper has devised a cunning plan that will stop the Grits getting their mitts on the cash. When the Liberal plan to re-direct the surplus toward program spending was put to the Prime Minister at a function on Monday, he responded with a grin: “I’ve already thought of that.”
Under the Tax Back Guarantee the Conservatives introduced last year, any unplanned surpluses automatically go to reduce the federal debt at the end of the fiscal year, with any savings in interest payments being re-allocated to tax relief. The Conservatives plan to make Mr. Dion’s spending plans part of their election campaign and have already run attack ads suggesting the Liberal leader is “not worth the risk” when it comes to reckless expenditure in a slowing economy.
- Forcing the Grits to be fiscally responsible, even if the present Government falls.
My admiration of Stephen Harper increases each day.
* * * *
Update: Dion's pledges thin on reality - Ivison. (Saturday Post)