Petition Introduce a Balanced Budget Law

We call upon the Government to introduce legislation that would commit it to spending no more than the country collects in tax and non-tax revenue. There could be exceptions for extraordinary circumstances such as war.

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There needs to be a legal ceiling placed upon the ability of the Government to borrow money that in the long term will be repaid by the citizen without any reference by the Government of the day to the ability of the country to repay it.

This petition is closed This petition ran for 6 months

17 signatures

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10,000

Date closed 24 March 2021
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