Reduce the deficit act

Proposed by Peoples Columbian Socialist Alliance · Passed 23 Aug 2019

✅ Passed

Rationale

This budget will reduce costs by cutting services like business supports police spending and decrease funds for the military. In this budget i have proposed Tax increase on the high earners and the elite class, which will give the government billions. As a part of PCSAs pledge, we promised to raise funds for Art media and culture which we have proposed in this budget.

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

Annual Taxes

Earning band	Tax rate
Personal income tax: Low earners	19%
Personal income tax: Medium earners	24%
Personal income tax: High earners	32% 38%
Personal income tax: Elite earners	35% 45%

Annual Spending

Category	$ per capita	Peers	% of budget	Amount
Social Welfare	$564	$1,045	4.3% 4.5%	$200.0bn
Retirement	$2,933	$1,890	22.6% 23.4%	$1,040.0bn
Healthcare	$2,820	$2,389	21.7% 22.5%	$1,000.0bn
Education	$1,777	$1,649	13.7% 14.2%	$630.0bn
Housing	$564	$603	4.3% 4.5%	$200.0bn
Justice, Police & Internal Security	$846 $733	$682	6.5% 5.8%	$300.0bn $260.0bn
Defence	$1,128 $987	$827	8.7% 7.9%	$400.0bn $350.0bn
Environment & Climate	$141	$241	1.1%	$50.0bn
Business Support	$719 $508	$592	5.5% 4.0%	$255.0bn $180.0bn
Arts, Culture & Media	$243 $282	$255	1.9% 2.2%	$86.0bn $100.0bn
Foreign Aid	$56	$69	0.4%	$20.0bn
Roads & Highways	$423	$385	3.3% 3.4%	$150.0bn
Public Transport & Rail	$338	$305	2.6% 2.7%	$120.0bn
Energy Infrastructure	$254	$232	2.0%	$90.0bn
Ports & Airports	$169	$157	1.3%	$60.0bn
Total			100.0%	$4,601.0bn $4,450.0bn

Vote tally

Senate

Passed

79Yes 0No 8Not voted 87 seats

For: 79 / 87 filled seats (90.8%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 8

Party	Seats	Vote	Reason
Columbian Alliance Of Freedom	0	Not voted
Columbian Communist Congress	13	Not voted
Conservative Alliance Of Columbia (CAC)	79	Yes	Well, a temporary fix to the current economic deficit. It hurts to see the tax rate and the cuts to certain services but the next months are crucial for our economy
FORWARD	0	Not voted
Farmer-Labor Front	27	Not voted
Free Citizens Alliance	13	Not voted
Labour	0	Yes	Even though this budget isn't the ideal, Labour believes it will bring a positive impact on the country's finances and it's people
Noble Reform	0	Not voted
Peoples Columbian Socialist Alliance Proposer	0	Yes	No reason given
Socialism Alliance Of Columbia	0	Not voted

House of Representatives

Passed

226Yes 0No 171Not voted 397 seats

For: 226 / 397 filled seats (56.9%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 171

Party	Seats	Vote	Reason
Columbian Alliance Of Freedom	0	Not voted
Columbian Communist Congress	39	Not voted
Conservative Alliance Of Columbia (CAC)	76	Yes	Well, a temporary fix to the current economic deficit. It hurts to see the tax rate and the cuts to certain services but the next months are crucial for our economy
FORWARD	0	Not voted
Farmer-Labor Front	83	Not voted
Free Citizens Alliance	116	Not voted
Labour	78	Yes	Even though this budget isn't the ideal, Labour believes it will bring a positive impact on the country's finances and it's people
Noble Reform	0	Not voted
Peoples Columbian Socialist Alliance Proposer	72	Yes	No reason given
Socialism Alliance Of Columbia	0	Not voted

Voting record

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

Conservative Alliance Of Columbia (CAC)

Voted Aug. 23, 2019

Yes

“Well, a temporary fix to the current economic deficit. It hurts to see the tax rate and the cuts to certain services but the next months are crucial for our economy”

Labour

Voted Aug. 23, 2019

Yes Changed vote

“Even though this budget isn't the ideal, Labour believes it will bring a positive impact on the country's finances and it's people”

Labour

Voted Aug. 22, 2019

Yes

“Even though it's not the ideal budget, we believe it's a great step in the right direction, and in the circumstances given, Labour believes this budget will have a great impact on our country's finances”

Current budget Budget history