The Liberals missed the mark on their pledge to run a deficit of only $1.75 billion in 2014 15 to match the previous Parti Quebecois government's objective by $600 million.
Marceau, whose budget did not go to vote before the election call, said the Liberals failed to live up to their campaign pledges to create jobs, build the economy and avoid introducing new fees for Quebecers.
He said he was satisfied his department found a way to put the brakes on projected spending growth and keep it below the rate of incoming revenue. The budget projects expenditures to be chopped to 1.9 per cent this year, instead of 6.1 per cent.
The new Quebec government is projecting a bigger than expected deficit in this year's budget, a $2.35 billion shortfall the struggling province says would have been far worse without ambitious plans to cut spending.
Rookie Finance Minister Carlos Leitao tabled the 2014 15 budget Wednesday and said the billions of dollars in proposed spending cuts are absolutely necessary.
However, the Couillard government reiterated its promise to balance the books in 2015 16 without burdening Quebecers with significant tax increases or cutbacks to services like health care and education.
The budget was the majority Liberal government's first fiscal blueprint since Premier Philippe Couillard took power in April. Its adoption in the legislature is a safe bet.
There will also be hikes in fees for the province's signature $7 per day child care plan. They will 90 Air Max
The Couillard government is also seeking to help Quebec's small and medium sized businesses, such as reducing chopping the tax rate in half _ to four per cent _ for manufacturing operations.
The Liberal budgetary plan says $7.7 billion is needed over the next two years to balance the budget, $5.1 billion of which is slated to come from addressing Quebec's ever climbing government spending.
''The time has come to finally tackle this problem before others force us to do,'' he said.
Leitao, an economist and star candidate in the spring election, said without taking action, the province would have been confronted by a $5.9 billion deficit this year and a $7.6 billion shortfall next year.
Francoise David of the small, left wing Quebec solidaire party called the Liberal budget "permanent austerity.'' David said the hiring freeze would ensure that young women studying to become nurses and teachers won't find jobs in the coming years.
Leitao, who before entering politics was ranked Nike Air Max 90 Red October
Leitao blamed Quebec's financial troubles on the fact spending has been structurally higher than revenue.
The province also plans to rake in more cash by raising taxes on tobacco $4 on a carton of 200 cigarettes and some alcohol sales.
daycare fees going up
"The previous government dropped the ball on government spending,'' Leitao, former chief economist for Laurentian Bank Securities, told reporters.
"To put that in motion in only five weeks, we had long nights . Given the magnitude of the task, I think we did what is credible.
The budget announced plans to improve the St. Lawrence River's position as a hub of martime transportation and to launch projects to further exploit Quebec's forests and minerals. It calls for the revival of the previous Liberal government's northern development plan, known as the Plan Nord.
PQ finance critic Nicolas Marceau, who tabled the province's last fiscal plan in February, called Leitao's document a "budget of broken promises.''
climb to $7.30 on Oct. 1 and then be indexed according to the rate of growth in cost of program.
as the world's second best economist by Bloomberg News, said the government plans to avoid introducing any new funding for infrastructure projects over the next decade.
Leitao's document also lays out Quebec's plans to ask for more money from Ottawa via federal transfers in health, social and equalization payments.
In his budget speech, he raised the spectre of Quebec having to face costly downgradings in its various credit ratings if the government did not proceed with sweeping measures to rein in spending.
Zero deficit by 2016
Leitao's predecessor not impressed
"There's no point in promising the moon and then not being able to deliver.''
of public finances will come from reining in government spending with steps such as a hiring freeze in the public sector and reductions in corporate tax credits.
In 2014 15 alone, more than 90 per cent of the effort to address Womens Air Max 90 2015 the grim outlook Green Air Max 90
Smokers, drinkers to pay
He said Quebec, like the other provinces, doesn't agree with the Harper government's unilateral decision to make changes to the system.
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