Tuesday, February 26, 2008
Post no. 306
"MP Low queries gap between expected budget deficit and final surplus
By Chio Su Mei, Channel NewsAsia
Posted: 25 February 2008 2110 hrs
SINGAPORE: Opposition MP Low Thia Khiang questioned the gap between the initial projection of a budget deficit of S$0.7 billion and the final reported surplus of S$6.4 billion in Parliament on Monday.
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But now that there is a surplus, Mr Low argued that the government should use the funds to counter rising costs, and also lower the GST to help the lower income group.
Responding to Mr Low, the MP for Yio Chu Kang, Seng Han Thong, said the government has always exercised prudence, and any budget surplus, is always good news.
Mr Seng rebutted Mr Low's view that not enough has been done to help the needy. He pointed out that a low-income family could receive as much as S$3,200 in subsidies under the 2008 Budget. "- CNA
Something tells me that someday, i might just be a opposition MP.
Hmmm...
'Singapore will do well in 2008, will end the year with 10billion surplus and along the way, our soccer team will qualify for 2010 World Cup' - Me.
Going by this article...who's going to fault me for being wrong? Talk is sooo cheap.
And can somone stop my country's leaders from making statements that is almost irrelevant to most of us... Sigh..
Regards
Really another Opposition Supporter.
By Chio Su Mei, Channel NewsAsia
Posted: 25 February 2008 2110 hrs
SINGAPORE: Opposition MP Low Thia Khiang questioned the gap between the initial projection of a budget deficit of S$0.7 billion and the final reported surplus of S$6.4 billion in Parliament on Monday.
.
.
But now that there is a surplus, Mr Low argued that the government should use the funds to counter rising costs, and also lower the GST to help the lower income group.
Responding to Mr Low, the MP for Yio Chu Kang, Seng Han Thong, said the government has always exercised prudence, and any budget surplus, is always good news.
Mr Seng rebutted Mr Low's view that not enough has been done to help the needy. He pointed out that a low-income family could receive as much as S$3,200 in subsidies under the 2008 Budget. "- CNA
Something tells me that someday, i might just be a opposition MP.
Hmmm...
'Singapore will do well in 2008, will end the year with 10billion surplus and along the way, our soccer team will qualify for 2010 World Cup' - Me.
Going by this article...who's going to fault me for being wrong? Talk is sooo cheap.
And can somone stop my country's leaders from making statements that is almost irrelevant to most of us... Sigh..
Regards
Really another Opposition Supporter.
# posted by 好人 @ 2:37 PM 
