Fiscal Responsibility and Economic Growth Budget Act

Proposed by Conservative Alliance Of Columbia (CAC) · Passed 11 May 2017

✅ Passed

Rationale

This budget reforms public finances by reducing the deficit, creating a sustainable fiscal surplus, and ensuring government resources are directed toward national priorities. It lowers the tax burden on low-income earners, promotes economic growth through business support, strengthens education and public security, and improves long-term fiscal stability while maintaining essential public services.

Figures show the previous budget where they changed the new value.

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 25% 20%
Personal income tax: Medium earners 25%
Personal income tax: High earners 25% 28%
Personal income tax: Elite earners 25% 33%

Annual Spending

Category $ per capita Amount
Social Welfare $1,116 $423 $395.6bn $150.0bn
Retirement $3,905 $2,876 $1,384.7bn $1,020.0bn
Healthcare $2,789 $2,792 $989.1bn $990.0bn
Education $1,674 $1,692 $593.5bn $600.0bn
Housing $558 $508 $197.8bn $180.0bn
Justice, Police & Internal Security $697 $733 $247.3bn $260.0bn
Defence $976 $1,043 $346.2bn $370.0bn
Environment & Climate $279 $85 $98.9bn $30.0bn
Business Support $418 $564 $148.4bn $200.0bn
Arts, Culture & Media $279 $141 $98.9bn $50.0bn
Foreign Aid $279 $85 $98.9bn $30.0bn
Roads & Highways $349 $373 $123.6bn $132.1bn
Public Transport & Rail $279 $298 $98.9bn $105.7bn
Energy Infrastructure $209 $224 $74.2bn $79.3bn
Ports & Airports $139 $149 $49.5bn $52.9bn
Total $4,945.5bn $4,250.0bn

Vote tally

Senate

Passed
79Yes 0No 21Not voted 100 seats

For: 79 / 100 filled seats (79.0%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 21

Party Seats Vote
Columbian Alliance Of Freedom 0 Not voted
Columbian Communist Congress 13 Not voted
Conservative Alliance Of Columbia (CAC) Proposer 79 Yes
FORWARD 0 Not voted
Farmer-Labor Front 27 Not voted
Free Citizens Alliance 13 Not voted
Noble Reform 0 Not voted
Peoples Columbian Socialist Alliance 21 Not voted
Socialism Alliance Of Columbia 0 Not voted

House of Representatives

Passed
88Yes 0No 81Not voted 169 seats

For: 88 / 169 filled seats (52.1%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 81

Party Seats Vote
Columbian Alliance Of Freedom 0 Not voted
Columbian Communist Congress 39 Not voted
Conservative Alliance Of Columbia (CAC) Proposer 88 Yes
FORWARD 0 Not voted
Farmer-Labor Front 83 Not voted
Free Citizens Alliance 116 Not voted
Noble Reform 0 Not voted
Peoples Columbian Socialist Alliance 94 Not voted
Socialism Alliance Of Columbia 0 Not voted

Voting record

Every vote must state a public reason. Most recent first.

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