Debt Destruction Act

Proposed by Liberal Union · Passed 9 Sep 2019

✅ Passed

Rationale

This budget will cut spending and increase taxes, a tough pill to swallow I know, but it is necessary to end the debt once and for all, if we can hunker down and get it done, the mission of governments for years past will be complete, we are so close to full financial freedom, don't blow it now.

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

Annual Taxes

Earning band Tax rate
Personal income tax: Low earners 15% 17%
Personal income tax: Medium earners 15% 17%
Personal income tax: High earners 25% 27%
Personal income tax: Elite earners 31% 32%

Annual Spending

Category $ per capita Amount
Social Welfare $1,303 $1,185 $110.0bn $100.0bn
Retirement $3,081 $2,844 $260.0bn $240.0bn
Healthcare $2,844 $2,607 $240.0bn $220.0bn
Education $2,014 $1,659 $170.0bn $140.0bn
Housing $829 $592 $70.0bn $50.0bn
Justice, Police & Internal Security $474 $355 $40.0bn $30.0bn
Defence $474 $770 $40.0bn $65.0bn
Environment & Climate $287 $237 $24.2bn $20.0bn
Business Support $833 $711 $70.3bn $60.0bn
Arts, Culture & Media $415 $355 $35.0bn $30.0bn
Foreign Aid $95 $47 $8.0bn $4.0bn
Roads & Highways $360 $339 $30.4bn $28.6bn
Public Transport & Rail $288 $271 $24.3bn $22.9bn
Energy Infrastructure $216 $203 $18.2bn $17.1bn
Ports & Airports $144 $135 $12.1bn $11.4bn
Total $1,152.5bn $1,039.0bn

Vote tally

Bundesrat

Failed
26Yes 0No 43Not voted 69 seats

For: 26 / 69 filled seats (37.7%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 43

Party Seats Vote
Civic Platform 5 Not voted
Liberal Union Proposer 9 Yes
National League For Freedom And Democracy 12 Yes
National People's Front 5 Yes
Rhineland Social Front 12 Not voted
Socialists And Democrats 16 Not voted
The Christian Democrats 11 Not voted

Bundestag

Failed
263Yes 0No 387Not voted 650 seats

For: 263 / 650 filled seats (40.5%) — needs 50.0%

Against: 0 · Abstained: 0 · Not voted: 387

Party Seats Vote
Civic Platform 68 Not voted
Liberal Union Proposer 97 Yes
National League For Freedom And Democracy 85 Yes
National People's Front 81 Yes
Rhineland Social Front 115 Not voted
Socialists And Democrats 54 Not voted
The Christian Democrats 131 Not voted

Voting record

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

National People's Front
Voted Sept. 9, 2019
Yes

“We need to reduce the deficit because extra spending has reached enormous levels.”

“The economy is growing, to some extent. It's clear that cuts always hurt, but eliminating the deficit is crucial so that we can then intensify investments and improve the lives of our citizens.”

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