Quote:
Originally Posted by darklord700
How can you borrow $5 billion and call it a surplus like Horner does with the 2014 AB budget? Even if this woman is done in two years, we'll be over $21B in debt while continue to enjoy years of budget surpluses of course.
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I haven't looked at the budget, so I have no idea, but is it because the operating budget balances and they are borrowing for capital projects?
It's sort of how Klein had a balanced budget and was using P3s for everything. It was basically just off balance sheet financing.