Call me a tax and spend Liberal elitist, but this is how I would balance the budget according to the Budget Simulator:

What choices would you make to balance the budget in 2013-14?

Revenue $43.85 B Expense $43.58 B Surplus/Deficit +$261.2 m

Your budget is in surplus.

Your changes to Budget 2013/14

Revenues: +1.6%

Tobacco Tax: Raising tobacco tax revenues by 10 per cent would increase your revenues by $64 million. An increase in tobacco taxes would increase the cost of tobacco products. Substantial increases in tobacco taxes historically have resulted in increased tobacco smuggling which causes increases in administration and enforcement costs.
Fuel Tax: Increasing fuel tax revenues by 6 per cent would increase your revenues by $59 million. An increase in motor fuel taxes would increase the cost of gasoline, diesel and other fuels. Fuel is used by both business and consumers. Higher fuel taxes are likely to lead to higher costs for fuel-intensive activities, such as manufacturing, shipping, and travel.
Carbon Tax: Raising carbon tax revenues by 6 per cent would increase your revenues by $76 million. An increase in the carbon tax raises the cost of fossil fuels, like gasoline and diesel, and encourages businesses and consumers to reduce their use of fossil fuels. Because the carbon tax is revenue neutral to government, if you increase revenues from the carbon tax, you need to cut revenues from other taxes to keep your budget revenue neutral.
Corporate Income Tax: Raising corporate tax revenues by 4 per cent would increase your revenues by $65 million. Raising corporate income tax would make the province less competitive compared to other provinces and countries, and would reduce long-term economic growth. Companies would decide to move to lower-tax jurisdictions, costing B.C. jobs and investment.
Property Tax: Raising property tax revenues by 4 per cent would increase your revenues by $84 million. Higher property taxes revenues could make housing less affordable and create financial challenges for individuals and families.
Personal Income Tax: Raising personal income tax revenues by 2 per cent would increase your revenues by $140 million, and increases the tax burden on families and individuals. B.C. families generally have one of the lowest overall tax burdens in Canada, and B.C. currently has the lowest provincial personal income taxes in Canada for individuals earning up to $119,000 a year.
Sales Taxes (PST): Increasing provincial sales tax revenues by 2 per cent would increase your revenues by $123 million. Increasing sales taxes raises prices for consumers, which can reduce spending on goods and services.
Property Transfer Tax: Raising property transfer tax revenues by 2 per cent would increases your revenues by $18 million. An increase in property transfer taxes would be paid mostly by families and individuals buying residential property as most property transfers are residential. However, purchasers of all other types of property (commercial, agricultural, recreational) would also have to pay more.
Medical Services Plan (MSP) Premiums: Raising MSP premium revenues by 2 per cent would increase your revenues by $44 million. Increased health funding, including MSP premiums, continues to support world-class advancements for health care in British Columbia, including the longest life expectancy in Canada, the lowest heart attack rate in Canada and the country’s lowest cancer mortality rate.

Expenses: -0.1%

Health Services: Increasing health services spending by an additional 2 per cent would increase your spending by $331 million. Your increase is in addition to the $16.6 billion government is currently forecast to spend on health services by 2013/14. By 2013/14, total health care spending is forecast to be about 42 per cent of the government budget which amounts to more than $18.5 billion – an increase of more than $2.3 billion compared to 2010-11. About 31 per cent funds operating costs and 69 per cent funds salaries and compensation for the people who deliver the services.
K-12 Education: Increasing K-12 education spending by an additional 2 per cent would increase your spending by $105 million. Over $24 million per school day on education programs and services is spent by government to support B.C. students across the province. Your increase is in addition to the $5.9 billion government is currently forecast to spend on K-12 education by 2013/14. About 24 per cent funds operating costs and 76 per cent funds salaries and compensation for the teachers and staff who deliver the services.
Post-Secondary Education: You have chosen to keep post-secondary funding the same as the current fiscal plan. Total post-secondary spending is currently forecast at more than $4.9 billion in 2013/14, up 40 per cent since 2004/05. About 41 per cent funds operating costs and 59 per cent funds salaries and compensation for the people who deliver the services.
Childcare Services: Decreasing childcare services by 2 per cent would decrease your spending by by $22 million. Total spending on childcare services is currently forecast at more than $1.1 billion in 2013/14, up 46 per cent from 2004/05. About 80 per cent funds operating costs (mainly grants to service providers) and 20 per cent funds salaries and compensation for government employees who work with clients and oversee the service providers.
Pharmacare: Reducing PharmaCare spending by 4 per cent would decrease your spending by $50 million. PharmaCare is one of the most comprehensive drug programs in Canada. It lowers the cost of eligible prescription drugs and designated medical supplies for British Columbians. Government is currently forecast to spend $1.2 billion by 2013/14 on PharmaCare. Approximately 100 per cent funds operating costs.
Community living and other social services: Decreasing community living and other social services spending by 6 per cent would reduce your spending by $47 million. Government is currently forecast to spend $779 million on community living and other services. About 22 per cent funds operating costs and 78 per cent funds salaries and compensation for the people who deliver the services.
Social assistance: Reducing spending on social assistance by 6 per cent would decrease your spending by $89 million. Government is currently forecast to spend nearly $1.5 billion by 2013/14 on social assistance. About 94 per cent funds operating costs and 6 per cent funds salaries and compensation for the people who deliver the services.
Natural resources and economic development: Reducing natural resources and economic development spending by 6 per cent would decrease expenses by $77 million. Government is currently forecast to spend $1.3 billion by 2013/14 on natural resources and economic development programs, services and activities. About 59 per cent funds operating costs and 41 per cent funds salaries and compensation for people who deliver the services.
Transportation: Reducing transportation spending by 6 per cent would decrease expenses by $105 million. Government is currently forecast to spend $1.76 billion by 2013/14 on transportation spending. About 90 per cent funds operating costs (contractors) and 10 per cent funds salaries and compensation for people who deliver the services.
Protection of persons and property: Reducing spending on protection of persons and property by 8 per cent would decrease expenses by $105 million. Government is currently forecast to spend $1.32 billion by 2013/14 on protection of persons and property. About 51 per cent funds operating costs and 49 per cent funds salaries and compensation for the people who deliver the services.