Main | About | Tutorial | FAQ | Links | Wiki | Forum | World News | World Map | World Ranking | Nations | Electoral Calendar | Party Organizations | Treaties |
Login | Register |
Game Time: March 5461
Next month in: 02:03:14
Server time: 01:56:45, March 29, 2024 CET
Currently online (1): Neo_kami | Record: 63 on 23:13:00, July 26, 2019 CET

We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.

Bill: RP: National Debt Clock

Details

Submitted by[?]: Hosian Civic Union

Status[?]: defeated

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: October 4314

Description[?]:

The Gad24News National Debt Clock

The debt clock started in 4212 at around 30% of GDP. Any surplus generated goes towards paying the debt unless otherwise stated.

Last updated: September 4277

National Debt: Surplus of 43,795,983,533 GAD (0.0 trillion)
Debt as % of GDP: 0.00%

http://classic.particracy.net/budget.php?nationid=23

Proposals

Debate

These messages have been posted to debate on this bill:

Date08:36:37, May 19, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated for March 4213.

Date12:34:22, May 20, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated for September 4213.

Date12:07:43, May 22, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated.

Date18:14:54, June 07, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated for September 4222.

Date11:15:26, June 13, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageDue to the Gaduridos Business Treaty (http://classic.particracy.net/viewtreaty.php?treatyid=3715) the debt will increase rapidly as we now owe nations money for loans.

If everybody agrees the added debt will be as follows:

Istalia: 5bn
Endralon: 3bn
Mordusia: 2bn
All new ratifications after this: 1bn

Total debt from treaty so far: 10bn

Date11:19:52, June 13, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageSorry I made an error,

All figures above should be multiplied by 10.

Therefore debt from treaty is 100bn.

Date10:09:49, June 15, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated.

Date10:06:10, June 17, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageHutori ratified the treaty so +10bn to debt.

Date21:12:38, June 18, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageNew Endralon/Kizenia ratified the treaty so +10bn to debt.

Date17:37:12, June 19, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated.

Date15:28:44, June 21, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated.

Date17:29:00, June 26, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageZardugal ratified the treaty so +10bn to debt.

Date17:16:32, June 28, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageKalopia ratified the treaty so +10bn to debt.

Date09:31:26, July 15, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageUpdated.

Date19:47:21, July 16, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageDavostag (with its APG-backed fascist regime) ratified the treaty so +10bn to debt.

Date11:13:20, July 17, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageVorona ratified the treaty so +10bn to debt.

Date17:52:22, July 25, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageStrange as it may seem the recent Economic Aid Act (http://classic.particracy.net/viewbill.php?billid=530724) has caused the debt to drop by about 70%. In one more year the debt will be cleared due the collosal surplus we are now running.

We therefore need to either raise spending or lower taxes to stop depressing the economy. The UPP believe the latter option is more preferable but we will be proposing both options to see what legislators think.

Date22:49:15, August 07, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageThanks to the deficit we are now back in debt and debt is growing by about 0.7 percentage points (of GDP) per annum.

Date23:02:07, August 15, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageDebt is beginning to spiral out of control - something really needs to be agreed on.

Date22:14:38, August 24, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageDebt is approaching dangerous levels yet the government does precisely nothing.

Thankfully the savious of the nation - the one and only United Party for Progress will be suggesting a stop gap measure for the budget soon.

Date15:44:28, September 01, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageThe debt problem worsens...

Date17:18:46, September 03, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageThanks to the UPP debt increase slows down a little. But more still needs to be done - vote in favour of the Lean Budget Act to stop the debt spiral!

Date16:53:55, September 04, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageWe are now running a surplus of 2.5 times the size of the deficit we were previously running. The debt should be cleared relatively fast.

Date16:15:31, September 09, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageLatest forecast: barring any unexpected changes the debt will be paid off by September 4273. That is in 4 years time.

Date20:32:13, September 11, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageRevised forecast: barring any unexpected changes the debt will be paid off by September 4277. That is in 7 years time. A more gradual paying off of debt will encourage investment.

Date15:51:11, September 25, 2017 CET
FromHosian Civic Union
ToDebating the RP: National Debt Clock
MessageThe debt is now paid off and we are gathering a surplus. A tax break is needed for the people.

subscribe to this discussion - unsubscribe

Voting

Vote Seats
yes

    Total Seats: 0

    no

      Total Seats: 0

      abstain
              

      Total Seats: 300


      Random fact: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass.

      Random quote: "People say I steal. Well, all politicians steal." - Huey Long

      This page was generated with PHP
      Copyright 2004-2010 Wouter Lievens
      Queries performed: 62