Proposed by Revolutionary Socialist Union · Passed 5 Nov 2023
The current budget is a disaster; we are spending over half a billion and the debt-to-GDP ratio is rising too fast, and credit agencies are already marking us as unable to pay. If this new budget doesn't receive support, I regret to inform you that in a few years we will have IMF intervention and the economy will get worse, And that will happen when the Debt-to-GDP ratio reaches a percentage higher than 200% because the budget demands a rather exaggerated expenditure that exceeds profits by a ridiculous amount. This is not austerity, it is an immediate necessity, because the worst is yet to come.
Figures show the previous budget where they changed the new value.
| Category | $ per capita | Amount | |
|---|---|---|---|
| Social Welfare | $10,661 $640 | $500.0bn $30.0bn | |
| Retirement | $1,493 $1,279 | $70.0bn $60.0bn | |
| Healthcare | $21,859 $1,710 | $1,025.2bn $80.2bn | |
| Education | $33,177 $1,706 | $1,556.0bn $80.0bn | |
| Housing | $6,623 $1,079 | $310.6bn $50.6bn | |
| Justice, Police & Internal Security | $8,294 $1,919 | $389.0bn $90.0bn | |
| Defence | $853 | $40.0bn | |
| Environment & Climate | $213 | $10.0bn | |
| Business Support | $544 | $25.5bn | |
| Arts, Culture & Media | $232 | $10.9bn | |
| Foreign Aid | $0 | $0.0bn | |
| Roads & Highways | $10,512 $993 | $493.0bn $46.6bn | |
| Public Transport & Rail | $8,409 $794 | $394.4bn $37.3bn | |
| Energy Infrastructure | $6,307 $596 | $295.8bn $27.9bn | |
| Ports & Airports | $4,205 $397 | $197.2bn $18.6bn | |
| Total | $5,317.6bn $607.6bn |
For: 182 / 266 filled seats (68.4%) — needs 50.0%
Against: 0 · Abstained: 0 · Not voted: 84
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance | 28 | Yes | We agree on this proposal even if it operates tax increases |
| Costavela Workers' Front | 43 | Not voted | |
| People And Planet | 82 | Yes | We vote for this in the interests of the public finances and a desire to be fiscally responsible, although we do regret some of the cuts being made |
| People's Congress Of Costavela | 51 | Yes | This is a good short-term solution. |
| Revolutionary Socialist Union Proposer | 21 | Yes | No reason given |
| Youth Of Costa | 60 | Not voted |
For: 213 / 289 filled seats (73.7%) — needs 50.0%
Against: 0 · Abstained: 0 · Not voted: 76
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Alliance | 0 | Yes | We agree on this proposal even if it operates tax increases |
| Costavela Workers' Front | 79 | Not voted | |
| People And Planet | 170 | Yes | We vote for this in the interests of the public finances and a desire to be fiscally responsible, although we do regret some of the cuts being made |
| People's Congress Of Costavela | 0 | Yes | This is a good short-term solution. |
| Revolutionary Socialist Union Proposer | 43 | Yes | No reason given |
| Youth Of Costa | 88 | Not voted |
Every vote must state a public reason. Most recent first.
“This is a good short-term solution.”
“We agree on this proposal even if it operates tax increases”
“We vote for this in the interests of the public finances and a desire to be fiscally responsible, although we do regret some of the cuts being made”