Balanced Budget Act of 2017
Proposed by National Progressive Bloc · Passed 2 Apr 2017
Rationale
Our nation needs to stop the bleeding of our finances through excessive deficit spending; we can do that by marginally raising taxes on the highest earners without punishing the average Thornreach worker.
Figures show the previous budget where they changed the new value.
Annual Spending
| Category | $ per capita | Amount | |
|---|---|---|---|
| Social Welfare | $925 | $59.0bn | |
| Retirement | $3,238 $3,135 | $206.6bn $200.0bn | |
| Healthcare | $2,313 | $147.6bn | |
| Education | $1,387 $1,411 | $88.5bn $90.0bn | |
| Housing | $462 | $29.5bn | |
| Justice, Police & Internal Security | $578 $470 | $36.9bn $30.0bn | |
| Defence | $810 $705 | $51.7bn $45.0bn | |
| Environment & Climate | $232 | $14.8bn | |
| Business Support | $346 $235 | $22.1bn $15.0bn | |
| Arts, Culture & Media | $232 | $14.8bn | |
| Foreign Aid | $232 $157 | $14.8bn $10.0bn | |
| Roads & Highways | $289 | $18.5bn | |
| Public Transport & Rail | $232 | $14.8bn | |
| Energy Infrastructure | $174 | $11.1bn | |
| Ports & Airports | $116 | $7.4bn | |
| Total | $738.0bn $707.4bn |
Vote tally
National Assembly
Passed
69Yes
0No
31Not voted
100 seats
For: 69 / 100 filled seats (69.0%) — needs 50.0%
Against: 0 · Abstained: 0 · Not voted: 31
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Iron Crown | 2 | Not voted | |
| National Progressive Bloc Proposer | 69 | Yes | No reason given |
| National Thornreach Movement | 134 | Not voted | |
| Parti Communiste Francophone De Thornreach | 0 | Not voted | |
| Parti Socialiste | 13 | Not voted | |
| Thornreach National Devlopment Alliance | 0 | Not voted |