This could jeopardize the Finance Minister's attempt to not enter a deficit situation.
...Ted Menzies, parliamentary secretary to the Minister of Finance, lashed out at the proposal and suggested Mr. McTeague explain how the government will pay for it. In addition to costing the federal government $900-million, the provinces would also be out $450-million if the plan goes through, he said.
"This is ridiculous. It is irresponsible and uncosted and comes one day after the Liberals supported our budget. If it would have been a good thing for Canadians and we felt it was the right thing to do, we would have done it in our budget," Mr. Menzies said...
The Globe reports that "Liberal MP Garth Turner said the government wouldn't like Mr. McTeague's proposal because families would choose the immediate tax breaks over Mr. Flaherty's proposed tax-free savings account, the centrepiece of last month's budget, which is only for after-tax income."
In very sophisticated, Parliamentary language, Mr. Turner declared: “It beats the poop out of it.”
Time for an election. We need a majority government in Canada.
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Update: COTM - Whose fault Liberal "money" bill passes?
On CBC's Politics, an expert from C.D. Howe said that this education bill is tax overkill.
Finn Poschmann calls it an untenable situation and said that the real issue is that it is an abuse of Parliamentary procedure.
He said that Dan McTeague's RESP Bill could cost 900 Million a year!!
Poschmann said that the fact this money bill got passed without the approval of the government, shows that it does not have the confidence of the opposition parties.
ELECTION TIME!!!!
On CBC's Politics, an expert from C.D. Howe said that this education bill is tax overkill.
Finn Poschmann calls it an untenable situation and said that the real issue is that it is an abuse of Parliamentary procedure.
He said that Dan McTeague's RESP Bill could cost 900 Million a year!!
Poschmann said that the fact this money bill got passed without the approval of the government, shows that it does not have the confidence of the opposition parties.
ELECTION TIME!!!!