Debts and Deficits, with Helaina Gaspard Explain Like I'm Five

Last month the federal government unveiled their final budget before the fall election, and just last week Ontario's PC government unveiled their first budget since taking office. With all this talk about government budgets, we thought we would revisit Aaron Reynolds' conversation with Helaina Gaspard, director of governance and institutions at the Institute of Fiscal Studies and Democracy at the University of Ottawa. She explains debts, deficits, and how government spending actually works.