[SENATE] Federal Budget and National Road to Recovery Package

[Gesar]

After much deliberation with my colleagues across the aisle, I hereby present my proposal for the federal budget, complete with modifications for the recently-passed Comprehensive Agriculture Reform Act.

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Government Budget
Treasury: 192 credits
Gold Reserves: [yet to be audited, >500]
Surplus: +5

Revenue: +339

Tax: +294 credits
Income Tax: +121
—Working Class - Low: +35
—Middle Class - Somewhat Low: +36
—Upper Class – Somewhat High: +50

Social Insurance: +82 credits

Corporation Tax: +50 credits (550 Private Sector/11) [rounded up]

Trade Tariffs: +36
USA: +10 credits
PSA: +8 credits
Canada: +8 credits
Mexico: +8 credits

National Excise Tax: +10

Public Corporations: +40
Post Service: -10 credit (+0 profit - 10 running cost)
State-owned industry: +30 credit (+50 profit - 20 running cost)
State-owned services: +20 credits (+40 profit, -20 running cost)
Mountain Federal Reserve Bank: +10 credit (+20 profit, - 10 running cost)
Public Housing: -10 credits (+20 profit, -30 running cost)

Crop Insurance +0 [see agriculture expenditure, +projected .5 profit quarterly]

Expenditure: -334 credits
Defense: -20 credits
—Army: -10
—Navy & Marines: -5
—Air Force: -5
Social Protection: -52 credits
—Pensions: -11
—Income Support: -14
—Housing Subsidies: -9
—Family Allowances: -7
—Food Stamps: -5
—Orphans: -3
—Disability: -3
Health: -50 credits
—Health Insurance: -37
—Hospitals: -9
—Wages: -4
Education: -33 credits
—Public Schools: -23
—Private Subsidies: -3
—Colleges & Universities: -5
—Wages: -6
Public Order: -17 credits
—Police: -4
—Police Wages: -2
—Courts: -3
—Court Wages: -1
—Prisons: -4
—Prison Wages: -1
Infrastructure: -44 credits
—Road Maintenance: -9
—Railroad Subsidies: -10
—Airport Subsidies: -5
—Water Costs: -10
—Water Imports: -10
Industry: -9 credits
—Subsidies: -3
—Loans: -4
—Regulation: -2
Agriculture: -25 credits
—Subsidies: -16
—Loans: -5
—Education: -1
—Rural Development: -1
—Crop Insurance: -2
Energy: -50 credits
—Subsidies: -10
—PSA Imports: -17
—USA Imports: -14
—Canada Imports: -9
Government: -14 credits
—State: -5
—Local: -4
—Administrative: -2
—Intelligence: -1
—Wages: -2
Veterans: -8 credits
—Pensions: -4
—Education: -2
—Rehabilitation: -1
—Loans: -1
Science & Technology: -11 credits
—Defense: -4
—Health: -3
—General Science: -1
—Agriculture: -1
—Energy: -1
—High-Tech Industry: -1
Culture: -4 credits
—Art: -1
—Music: -1
—Humanities: -1
—Literature: -1
—Other: 0
Debt Interest: 0 credits

Debt: 246 credits (65 owed to USA, 65 owed to PSA, 116 owed to domestic banks)
Interest rate: 20% per annum
Interest Payments: 0 credits per annum
Debt Ceiling: 400 credits

Private Sector: +540
Major Industries:
Power: +40 credits
Telecommunications: +50 credits
Transportation: +58 credits
Oil and Gas: +119 credits
Mining: +90 credits
Manufacturing: +58 credits
Agriculture: +100 credit

OTHER: +25 credits

In the same vein, accompanying the budget will be a separate vote on a federal stimulus package, with the hopes of restoring confidence in our markets and nipping the recession right in the bud.

The bill legislates the following:

• Recognizing that the current economic recession needs to met head on with a response that is both reasoned and compassionate towards all Mountain Americans, a one-time federal expenditure of twenty-seven credits from the national treasury will be allocated towards a Road to Recovery Package, to the transactions for which will be overseen by the Treasury Department and the relevant government agencies.
• Acknowledging the role a strong domestic sector plays in to balance of trade internationally, the bill will include a "Buy Patriotic" provision mandating that any public building or public works project funded by the new stimulus package must use at least 90% (as determined by their net financial value) iron, steel and other manufactured goods produced in the United States. When other essential goods must be purchased, priority shall be given to imports from nations not presently formally aligned with the Greater German Reich or the Empire of Japan.
• Following a list courtesy of the Department of Labor, a program will be overseen as per the job creation plan of the last spending provision ensuring that jobless, disenfranchised minorities, out-of-work military veterans, and the unwillingly unemployed will be ensured a place of temporary occupation in any new public works out.

Two credits towards the research and development of of new, sustainable energy infrastructure and technology, split between subsidies in private industry and federal-level research.
Two credits towards the research and development of renewable energy by the private sector.
Three credits of subsidies to the private development of the high-tech industry sector.
One credit to the modernization and improvement of the technological infrastructure of federally-owned corporations.
One credit of additional, temporary funding to the Department of Agriculture's Agriculture Research Service.
One credit of funding towards improving current water and wastewater projects under rural state and county-level supervision
Two credits towards upgrading rural education facilities and healthcare clinics.
One credit towards repairing and expanding the national highway system.
Three credits towards the research and development facilities of the Department of Defense. Two credits towards the replacement and modernization of naval and air force equipment.
Two credits towards processing and expanding current pension programs for military veterans and their families.
One credit towards the development of health care, education, and transportation infrastructure in Native American reservations.
Two credit to contracting private, locally-owned companies in urban areas to repair and create new public housing up to the national living standard.
One credit towards subsidizing local and state tourist agencies promoting the Mountain American way of life, as provided by new guidelines, including the construction of two new memorials near Capitol Hill, one remembering the Victims of Fascism and Imperialism and the other, the Jewish-American History Museum.
One credit to the National Endowment for the Arts to support the creation of new art museums and public entertainment venues.
Two credit towards subsidizing job training programs on all levels of government.

Thank you for time, my fellow colleagues.

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Wouldn't normally do it like this but I'm a bit strapped on time and motivation, plus Huojin approved it after fucking up the budget so horribly that I wasted several hours trying to figure out what went wrong. Basically, once voting starts, we're voting on two separate bills. Fuckin' deal with it.

[Flamelord]

At this time I place this proposed budget, as well as the accompanying bill before the floor of the House for general debate and voting.

((And as a courtesy for everyone, a link to the thread with the other proposed budgets.))

[Gesar]

14 Progressive Liberals vote IN FAVOR of the federal budget and the National Road to Recovery Package

[Snacks]

11 Progressive Hard Left votes IN FAVOR of the federal budget and the National Road to Recovery Package

[Flamelord]

10 Progressive Moderate votes IN FAVOR of the proposed budget and the accompanying bill.

[OYID]

10 Socialist Votes IN FAVOR of the proposed Federal Budget and the National Road to Recovery.

[RinKou]

5 Progressive Conservative votes IN FAVOR

[Gesar]

With fifty votes in favor of each act, I suggest this gets motioned to the Senate.

[Snacks]

My fellow Senators, while a budget is perhaps long in reaching this chamber, it is nonetheless true that it is more important to do something right than to do it in a hurry. Once again, the Coalition has managed to do it right, and perhaps put this country back on the right track as well. As such, I gladly put this Budget and accompanying stimulus package forward for scheduling by the President pro tem.

[OYID]

The Federal Budget and National Road to Recovery Package are hereby presented to the Senate floor for discussion and debate.

[Flamelord]

5 Progressive Moderate votes IN FAVOR of the budget and accompanying Package.

[OYID]

3 Socialist Votes IN FAVOR of the proposed budget and the National Road to Recovery Package.

[Snacks]

2 Progressive Hard Left votes IN FAVOR of the proposed budget and the National Road to Recovery Package.

[Gesar]

2 Progressive Liberal votes IN FAVOR of the proposed budget and the National Road to Recovery Package.

[Smyg]

At the present, my caucus can not support the proposed federal budget. While our opposition will of course only be symbolic in nature, the well-intentioned proposal can only develop the American economy in a negative way, or at best keep it static.

However, in regards to the proposed "National Road to Recovery Package", everything would appear to check out. While some of our colleagues will naturally hesitate to implement such large federal spending, even if it brings great tax benefits and is a one-off event, and while there can be no guarantee for its success given other matters at hand, historically such pro-business stimulus packages have generally proven efficient at recovering from minor recessions.

I'd also like to acknowledge the efforts of certain Progressive colleagues-across-the-aisle of mine to make this affair as bipartisan as possible, through civilized discussion with us. The steps taken here towards a more sustainable future will benefit future MS American generations.

3 Republican Liberal votes AGAINST the budget proposal.
3 Republican Liberal votes IN FAVOR of the recovery package.