Balanced budgets and repayment of the provincial debt were significant long-term goals of Klein's premiership. In 1993 Klein followed up on the 1991 government economic strategy paper "Toward 2000 Together" which was the basis of his 1993 provincial election with the Financial Review Committee whose 1993 report promised to balance the provincial budget by 1997 without raising taxes. The backbone of the economic plan was austerity, often called the "Klein Revolution", or the "Alberta Advantage", as Klein called it. The first priority was reduction of the provincial payroll, which led to the abolishment of more than 4,000 public service positions through amalgamation or elimination of government agencies. Another 1,800 government jobs were eliminated by the privatization of liquor retailers, and motor vehicle and property registration services. The 1994 budget required all departments to cut 20 per cent from their operating budgets and all public servants including Members of the Legislative Assembly, civil servants, teachers, nurses and university staff saw a 5 per cent pay cut and a two year salary freeze. The Klein government initiated the sale of the provincial Crown Corporations and investments, including the public telephone company, AGT, alcohol sales, Alberta Energy Corporation, and provincial ownership stakes in other business entities. By 1995 owing to rising non-renewable resource revenue, corporate tax revenue and gambling taxes the Klein government had balanced the budget and eliminated the province's deficit two years ahead of schedule, the cost was public spending dropping by $1.9-billion and more than 4,500 public service jobs had been abolished.