Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: Modern Healthcare
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[ Tue, Dec 17th 2024 ]: NJ.com
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[ Tue, Dec 17th 2024 ]: The New York Times
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[ Tue, Dec 17th 2024 ]: Las Vegas Review-Journal
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[ Tue, Dec 17th 2024 ]: Slate
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[ Tue, Dec 17th 2024 ]: ABC
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[ Tue, Dec 17th 2024 ]: The New York Times
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[ Tue, Dec 17th 2024 ]: Reuters
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[ Tue, Dec 17th 2024 ]: The Financial Times
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[ Tue, Dec 17th 2024 ]: Los Angeles Times
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[ Tue, Dec 17th 2024 ]: Philadelphia Inquirer
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[ Tue, Dec 17th 2024 ]: The Independent
Justin Trudeau and the downsides of being the handsome poster boy for liberal 'goodness'
[ Tue, Dec 17th 2024 ]: The Age
The achievements of Tim Pallas are stained by rivers of red ink
[ Tue, Dec 17th 2024 ]: Sydney Morning Herald
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[ Tue, Dec 17th 2024 ]: Las Vegas Review-Journal
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[ Tue, Dec 17th 2024 ]: U.S. News & World Report
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: scrippsnews
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[ Tue, Dec 17th 2024 ]: Time
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[ Tue, Dec 17th 2024 ]: WLRN
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[ Tue, Dec 17th 2024 ]: NBC News
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: Yahoo
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: PBS
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[ Tue, Dec 17th 2024 ]: Sudbury Star
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: Graphic
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[ Tue, Dec 17th 2024 ]: The New Zealand Herald
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[ Tue, Dec 17th 2024 ]: St. Louis Post-Dispatch
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: MSN
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[ Tue, Dec 17th 2024 ]: Jefferson Public Radio
Oregon task force ends work without unity on recommendations about raising alcohol taxes
[ Tue, Dec 17th 2024 ]: The New York Times
Behind Germany's Political Turmoil, a Stagnating Economy

The achievements of Tim Pallas are stained by rivers of red ink

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
When the state government should have been showing prudence, it was embarking on projects which it did not have the means to support.

The article from The Age discusses the tenure of Victorian Treasurer Tim Pallas, highlighting both his achievements and the significant financial challenges faced by Victoria under his stewardship. Pallas has been instrumental in navigating the state through economic turbulence, including the global financial crisis and the economic impacts of the COVID-19 pandemic. His achievements include substantial infrastructure investments, such as the Metro Tunnel and the West Gate Tunnel, aimed at modernizing and expanding Victoria's transport network. However, these projects have come at a steep cost, leading to a ballooning state debt projected to reach $177.8 billion by 2027. Critics argue that Pallas's aggressive borrowing and spending have left future generations with a heavy financial burden, with the state's credit rating downgraded and ongoing deficits. Despite these criticisms, Pallas defends his economic strategy, emphasizing the long-term benefits of infrastructure development and the necessity of government intervention during crises. The article portrays a mixed legacy where economic growth and infrastructure development are overshadowed by concerns over fiscal sustainability and debt management.

Read the Full The Age Article at:
[ https://www.theage.com.au/politics/victoria/the-achievements-of-tim-pallas-are-stained-by-rivers-of-red-ink-20241217-p5kz0x.html ]