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Bill: Balance Budget proposal of August 3820

Details

Submitted by[?]: Capitalist Working Families

Status[?]: defeated

Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.

Voting deadline: April 3821

Description[?]:


Dear Mr. Speaker,

Let The Capitalist Working Families thank the body for passing the 20% tax cut that gives needed economic relief to the people. However, the budget is unbalanced and we are running a deficit.

Therefore, we submit this bill that balances the Federal Budget in order to increase the INVESTMENT component of GDP further. Everytime the Government borrows 1 RUT from the economy, that is 1 RUT less that the people and small businesses have to borrow to buy a house, car, or expansion of their business.

Therefore, it is urgent that we balance the Federal Budget.

--The CWFP

Proposals

Debate

These messages have been posted to debate on this bill:

Date02:44:54, March 25, 2015 CET
From Rutanian Democratic Party
ToDebating the Balance Budget proposal of August 3820
MessageMr. Speaker,

We will not pass this budget we do not know if this is trickery by the CWF or just a simple mistake but we will not support cutting the budget any further. Raising taxes would be more acceptable than having our government in shambles.

Jenna Scherer
Prime Minister

Date20:57:40, March 25, 2015 CET
From Capitalist Working Families
ToDebating the Balance Budget proposal of August 3820
Message
Mr. Speaker,

This budget pays for the 20% Tax cut that the Rutanian Federalist Party agreed to earlier. How can they support a massive tax cut by BORROWING to cover a deficit of nearly 18 Trillion RUT.

Economic statistics show that when Government spending is increased, it CROWDS OUT private-sector investment in which our goal of a Republic is to bolster the INVESTMENT component of GDP.

cf. http://en.wikipedia.org/wiki/Crowding_out_(economics)

--The CWFP

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Voting

Vote Seats
yes
  

Total Seats: 234

no
  

Total Seats: 221

abstain
   

Total Seats: 100


Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining.

Random quote: "The honest politician is one who, when he is bought, stays bought." - Simon Cameron

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