INFOGRAPHIC: 2015 federal budget at a glance May 12, 2015 5.45am EDT Charis Palmer, Emil Jeyaratnam, The Conversation Authors Charis Palmer Deputy Editor/Chief of Staff Emil Jeyaratnam Data + Interactives Editor, The Conversation Partners View all partners Republish this article Republish our articles for free, online or in print, under Creative Commons license. Deficit government debt budget deficit Federal Budget 2015 You might also like Under President Jacob Zuma the economy didn’t recover as much as it should have from the global financial crisis. Shutterstock South Africa’s finances are in bad shape. It’s running out of time to fix them Treasury Secretary Mnuchin is taking ‘extraordinary measures’ to avoid busting the debt ceiling. AP Photo/Jose Luis Magana The dysfunctional debt ceiling and why we should kill it: 5 questions answered Arthur Caldwell almost defeated Robert Menzies in the poll in 1961, and won the debate about policy. National Archives, National Library of Australia, Wikimedia Memories. In 1961 Labor promised to boost the deficit to fight unemployment. The promise won Newly-elected US Democrat Alexandria Ocasio-Cortez is co-author of the New Green Deal which proposes massively expanding the budget deficit as a way of supporting both the environment and the economy. Alba Vigaray/EPA Vital Signs. Do deficits matter any more?