I am pro-war
The dangers of sovereign debt have been shown by the imminent financial collapse of the Austrian Empire; therefore I commend the following bill to the house;
Financial Stability Act
(i)The Federal government and all American states are not allowed to have negative budgets for two consecutive years
(ii)Sovereign debt must not go above 1 years gross income for these governments.
(iii)These governments shall not be in debt for a protracted period of time. Depending on the size of the debt and efforts made to decrease it, this period would be between 5 and 20 years (it would be decided on a case by case basis by the AFSB(see iv)).
(iv)The American Financial Stability Board (AFSB) shall be created to regulate state and national budgets.
(v)The AFSB will be under the duress of the Department of the Treasury, and have a representative from every state.
(vi)The AFSB will have the power to raise extra taxes and limit spending if states or the federal government do not comply.
(vii)Only emergency services shall be exempt from spending cuts and increases in tax shall be percentage increases (ie new taxes cannot be levied; only old ones raised)
(viii)Governments are expected to set up committees to self-regulate their budgets.
((Would this count as a change to the constitution? Does that mean it needs 66%?))
I also commend the following bill to the house, to reduce the incidence of spying activities carried out by enemy powers;
Passport Act
(i)All American citizens are required to hold a valid federal passport.
(ii)All inhabitants of the United States must hold a valid visa if they don't have a passport.
(ii)Everyone crossing a United States border must hold a valid passport from any country.
(iii)The United States Border Agency can refuse entry to anyone without a valid passport, or who is a citizen of an enemy state, and can deport anyone who is in the country illegally to their country of origin.
(iv)A valid passport, or other federal identification, are required for citizens to vote, and to hold governmental positions.
(v)US Governments are required to push for the global regulation of passports and their format, an the extension of travel rights for American citizens throughout the world.