The Standing Committee on Accountability and Oversight has consistently urged the government to adopt a fiscal strategy that is responsible and that keeps the government well within the $300 million debt limit. In addition, the committee urged the chairman of the Financial Management Board to adopt a more stringent approach to forced growth and to tighten up the use of special warrants. The government responded by amending the Financial Administration Manual guidelines dealing with special warrants.

The Standing Committee on Accountability and Oversight advised the government that Members might be prepared to consider changes to the payroll tax, as long as it coincided with an offsetting increase to the northern resident's deduction. Committee suggested the government prepare a discussion paper for consideration. The government has not responded with a discussion paper.