This petition was submitted during the 2010-2015 parliament
Petition 40% Legal Cap on Peacetime UK Debt
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I propose a maximum 40% (of GDP) national debt ceiling allowable by ANY political party in power to force responsible borrowing & spending during peacetime.
NO party, whatever their political leaning, should be able to run our nation into destitution by borrowing huge sums of money we cannot afford to repay.
We Demand LEGAL enforcement of ethical borrowing and spending of OUR money. The money of the British people.
This petition closed early because of a General Election
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