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Bill: Budget Deficit/Surplus Tracking Act of 5249

Details

Submitted by[?]: Conservative Party (Whigs)

Status[?]: passed

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 5250

Description[?]:

Mr. Speaker,

As Chancellor I present to the House the following report on our Budget & Debt for the period of 5247 - 4249.

Adam Horseiron
Chancellor

------------------------------

October 5247- October 5249

Yearly Surplus: 16.874.777.920,- LPD
Yearly Deficit: 0 LPD
Total Surplus: 50.624.333.760,- LPD

Debt (total deficit) End 5246: -650,813,819,480,- LPD
Debt (total deficit) End 5249: -600.189.485.720,- LPD

Debt-to-GDP ratio (End 5246): 152%
Debt-to-GDP ratio (End 5249): 140%

Proposals

Debate

These messages have been posted to debate on this bill:

Date04:21:21, February 01, 2023 CET
FromLuthorian Labour - Progressive Wing πŸ›‘
ToDebating the Budget Deficit/Surplus Tracking Act of 5249
MessageMr. Speaker,

So this was for nothing - austerity for 5 years barely did any healing to our economy, if you can call extreme debt reduction healing. This only proves one thing - there is no point in cutting spending beyond the limits.

Sally Edwards, MP

Date09:12:19, February 01, 2023 CET
FromConservative Party (Whigs)
ToDebating the Budget Deficit/Surplus Tracking Act of 5249
MessageMr. Speaker,

For nothing? We lowered the debt with 50 billion LPD, how is that not nothing? We showed investors, banks, businesses and our people who buy government bonds that we pay back our incurred debt, this saves our credit rating. I would ask the honourable lady to refrain from speaking about topics she knows nothing about.

Adam Horseiron
Chancellor

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Voting

Vote Seats
yes
        

Total Seats: 532

no

    Total Seats: 0

    abstain
     

    Total Seats: 118


    Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663

    Random quote: "Politics, when it is an art and a service, not an exploitation, is about acting for an ideal through realities." - Charles De Gaulle

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