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Bill: Fiscal Responsibilty Act
Details
Submitted by[?]: Mordusian Worker's Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: September 3534
Description[?]:
| Recognising that profit is the main concern for those operating in the private sector, this act seeks to nationalise all banks and hand control of Mordusian citizen's finances and currency to the government |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates and owns all banks.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is fixed by the government.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no | Total Seats: 63 | |||
| abstain | Total Seats: 36 |
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