Stability-First Growth Recovery Budget
Proposed by Social Democrats · Passed 22 Oct 2016
Rationale
The previous fiscal framework, while aiming to improve efficiency and restore long-term balance, triggered a severe contraction in economic activity, reflected in collapsing GDP growth and a sharp rise in unemployment. This revised budget corrects those imbalances by restoring investment confidence through moderate tax relief for higher earners and redirecting spending toward productive areas such as infrastructure and business support, while maintaining fiscal discipline through targeted reductions in lower-multiplier expenditures.
Figures show the previous budget where they changed the new value.
Annual Spending
| Category | $ per capita | Amount | |
|---|---|---|---|
| Social Welfare | $1,117 $924 | $87.0bn $72.0bn | |
| Retirement | $3,549 $2,824 | $276.5bn $220.0bn | |
| Healthcare | $2,721 $2,632 | $212.0bn $205.0bn | |
| Education | $1,521 | $118.5bn | |
| Housing | $578 | $45.0bn | |
| Justice, Police & Internal Security | $655 $513 | $51.0bn $40.0bn | |
| Defence | $911 $757 | $71.0bn $59.0bn | |
| Environment & Climate | $253 | $19.7bn | |
| Business Support | $398 $539 | $31.0bn $42.0bn | |
| Arts, Culture & Media | $253 $128 | $19.7bn $10.0bn | |
| Foreign Aid | $253 $128 | $19.7bn $10.0bn | |
| Roads & Highways | $317 $367 | $24.7bn $28.6bn | |
| Public Transport & Rail | $253 $293 | $19.7bn $22.9bn | |
| Energy Infrastructure | $190 $220 | $14.8bn $17.1bn | |
| Ports & Airports | $127 $147 | $9.9bn $11.4bn | |
| Total | $1,020.2bn $921.2bn |
Vote tally
Senate
PassedFor: 208 / 348 filled seats (59.8%) — needs 50.0%
Against: 0 · Abstained: 0 · Not voted: 140
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 59 | Not voted | |
| Blue Labour | 56 | Not voted | |
| Charlemont Renewal | 0 | Not voted | |
| Charlemont Rise Up ! | 61 | Not voted | |
| Common Ground | 0 | Not voted | |
| Green-left Movement | 88 | Not voted | |
| Horizon | 55 | Yes | No reason given |
| National Front | 70 | Not voted | |
| Red Front Of Charlemont | 52 | Yes | No reason given |
| Social Democrats Proposer | 101 | Yes | No reason given |
| Theist Communist Alliance | 0 | Not voted |
National Assembly
PassedFor: 356 / 576 filled seats (61.8%) — needs 50.0%
Against: 0 · Abstained: 0 · Not voted: 220
| Party | Seats | Vote | Reason |
|---|---|---|---|
| ALAYON | 67 | Not voted | |
| Blue Labour | 109 | Not voted | |
| Charlemont Renewal | 0 | Not voted | |
| Charlemont Rise Up ! | 159 | Not voted | |
| Common Ground | 46 | Not voted | |
| Green-left Movement | 105 | Not voted | |
| Horizon | 122 | Yes | No reason given |
| National Front | 74 | Not voted | |
| Red Front Of Charlemont | 108 | Yes | No reason given |
| Social Democrats Proposer | 126 | Yes | No reason given |
| Theist Communist Alliance | 0 | Not voted |