Fiscal Responsibility Budget Act of 2016

Proposed by Liberal Union · Passed 30 Sep 2016

✅ Passed

Rationale

This budget takes a balanced and responsible approach to Saxenheim's finances. While preserving core public services such as healthcare, education, pensions, policing, infrastructure, and national defence, it introduces targeted spending reductions in non-essential areas to reduce the annual deficit and safeguard our AAA credit rating. The proposal reflects the Government's commitment to fiscal responsibility without resorting to drastic cuts or tax increases. By reducing unnecessary expenditure while maintaining support for citizens and economic growth, we can strengthen Saxenheim's long-term financial stability and ensure that future generations inherit healthy public finances. Submitted by the Finance Ministry on behalf of the Government of Saxenheim.

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

Annual Taxes

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

Annual Spending

Category $ per capita Amount
Social Welfare $1,007 $951 $105.9bn $100.0bn
Retirement $3,525 $370.8bn
Healthcare $2,518 $264.9bn
Education $1,510 $158.9bn
Housing $504 $428 $53.0bn $45.0bn
Justice, Police & Internal Security $629 $66.2bn
Defence $881 $760 $92.7bn $80.0bn
Environment & Climate $252 $26.5bn
Business Support $377 $39.7bn
Arts, Culture & Media $252 $190 $26.5bn $20.0bn
Foreign Aid $252 $143 $26.5bn $15.0bn
Roads & Highways $315 $33.1bn
Public Transport & Rail $252 $26.5bn
Energy Infrastructure $189 $19.9bn
Ports & Airports $126 $13.2bn
Total $1,324.3bn $1,279.7bn

Vote tally

Bundesrat

Passed
38Yes 19No 12Not voted 69 seats

For: 38 / 69 filled seats (55.1%) — needs 50.0%

Against: 19 · Abstained: 0 · Not voted: 12

Party Seats Vote
Alliance For Digital Freedom And Rights 22 Yes
Alliance23 8 Not voted
Homeland Alliance 0 Not voted
Left Forward 19 No
Liberal Union Proposer 16 Yes
Saxenheim Workers’ Union 20 Not voted

Bundestag

Passed
338Yes 140No 172Not voted 650 seats

For: 338 / 650 filled seats (52.0%) — needs 50.0%

Against: 140 · Abstained: 0 · Not voted: 172

Party Seats Vote
Alliance For Digital Freedom And Rights 196 Yes
Alliance23 75 Not voted
Homeland Alliance 0 Not voted
Left Forward 140 No
Liberal Union Proposer 142 Yes
Saxenheim Workers’ Union 187 Not voted

Voting record

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

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