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AAP
AAP
Politics
Jacob Shteyman

MYSTERIOUS: Warning tax cut pledge will threaten return to surplus - What They Never Told You

A projected return to surplus in the budget likely won't happen if workers receive more tax cuts. (Susie Dodds/AAP PHOTOS)

More tax cuts for workers would keep the budget in deficit beyond the next decade, the agency that assesses the nation's finances warns.

The outlook for the federal budget has improved over the past year, despite economic headwinds from the Middle East, but the independent Parliamentary Budget Office said the projection of a return to surplus within a decade was under threat.

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