Fiscal Responsibility and Economic Growth Budget Act

Proposed by Conservative Alliance Of Columbia (CAC) · Passed 30 Jun 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 20%
Personal income tax: Medium earners 25%
Personal income tax: High earners 28% 30%
Personal income tax: Elite earners 33% 35%

Annual Spending

Category $ per capita Amount
Social Welfare $423 $150.0bn
Retirement $2,876 $1,020.0bn
Healthcare $2,792 $2,820 $990.0bn $1,000.0bn
Education $1,692 $1,709 $600.0bn $606.0bn
Housing $508 $536 $180.0bn $190.0bn
Justice, Police & Internal Security $733 $846 $260.0bn $300.0bn
Defence $1,043 $1,128 $370.0bn $400.0bn
Environment & Climate $85 $56 $30.0bn $20.0bn
Business Support $564 $705 $200.0bn $250.0bn
Arts, Culture & Media $141 $85 $50.0bn $30.0bn
Foreign Aid $85 $14 $30.0bn $5.0bn
Roads & Highways $373 $403 $132.1bn $142.9bn
Public Transport & Rail $298 $322 $105.7bn $114.3bn
Energy Infrastructure $224 $242 $79.3bn $85.7bn
Ports & Airports $149 $161 $52.9bn $57.1bn
Total $4,250.0bn $4,371.0bn

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
362Yes 0No 73Not voted 435 seats

For: 362 / 435 filled seats (83.2%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 73

Party Seats Vote
Columbian Alliance Of Freedom 0 Not voted
Columbian Communist Congress 39 Not voted
Conservative Alliance Of Columbia (CAC) Proposer 362 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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