The budget deficit is projected to hit $213.6 billion, a record 11% of GDP, before winding back:
Instead of falling, as predicted in the last budget, debt will climb:
There’s spending and tax cuts a plenty:
It’s expected to bring about a bounce-back in economic growth:
But much depends on the assumptions, including a return to strong immigration:
This article was originally published on The Conversation. Read the original article.
