US EditionNo one holds the government to account on spending. We need a budget watchdog that can bite
AUSTRALIA, AUG 10 – Treasurer Jim Chalmers urges creation of a budget watchdog with enforcement powers to ensure government spending meets fiscal targets and controls rising debt-to-GDP ratios.
Summary by The Conversation
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2 Articles
No one holds the government to account on spending. We need a budget watchdog that can bite
Treasurer Jim Chalmers has made budget sustainability one of the key pillars of the reform roundtable to be held next week. Concern that budget spending is on an unsustainable trend has been caused by rising government spending as a share of the economy. The spending has not been matched by an increase in tax revenue. Government spending is forecast to increase further due to very high growth in National Disability Insurance Scheme (NDIS) spendi…
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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