Self-tutoring about Canadian politics: the tutor mentions yesterday’s budget. The following is according to my understanding. Well, Canada’s much-anticipated federal budget, the first I know of from Prime Minister Carney, is interesting. Carney is showing he can spend, but also …

Canadian politics: the budget, Nov 4, 2025 Read more »

Self-tutoring about US federal spending: the tutor mentions a detail. It seems, according to the Bipartisan Policy Center, that the US federal government’s second-biggest expenditure in FY2024 was net interest, meaning, as I understand, interest paid on the federal debt. …

US federal budget: net interest might suggest tax increase, not tax cut Read more »