Senate Bill: Pacific Crisis Stimulus Act (Enacted) (user search)
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  Senate Bill: Pacific Crisis Stimulus Act (Enacted) (search mode)
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Author Topic: Senate Bill: Pacific Crisis Stimulus Act (Enacted)  (Read 7408 times)
Adam Griffin
Atlas Star
*****
Posts: 20,092
Greece


Political Matrix
E: -7.35, S: -6.26

« on: July 13, 2013, 01:37:16 PM »

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PROJECTED 2013 DEFICIT: $403.003 B
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Adam Griffin
Atlas Star
*****
Posts: 20,092
Greece


Political Matrix
E: -7.35, S: -6.26

« Reply #1 on: July 13, 2013, 06:08:44 PM »

Just to clarify (in case it was intrepreted differently):

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This is what the projected deficit would be if this stimulus were passed.
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Adam Griffin
Atlas Star
*****
Posts: 20,092
Greece


Political Matrix
E: -7.35, S: -6.26

« Reply #2 on: July 15, 2013, 03:27:59 AM »

Adam, do you have any figures on total federal debt as a share of annual Atlasian GDP?

This is the last update by a GM that I can find that references the federal debt. Seeing what transpired in the months following that up until now, we would be looking at a national debt of around $13.1 trillion.

The last GDP update was $14.93 trillion, so ~88%.
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Adam Griffin
Atlas Star
*****
Posts: 20,092
Greece


Political Matrix
E: -7.35, S: -6.26

« Reply #3 on: July 15, 2013, 03:37:39 AM »

What would be needed to do that? Is it legislation or can you do it with what authorization you have right now?

It looks like the Senate would need to act upon this - either in conjunction with a regional government or on its own. I'm not sure how a regional government could act by itself ("and/or"). The moneys are then distributed to the SEDZ themselves.

Social & Economic Development Zone Improvement Act

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Yankee,

The SEDZI Act mentioned a 5 year period! Surprise

They can be in operation for up to five years. The actual concern vis a vis revenue implications can be seen below:

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Which is 12 months:

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Adam Griffin
Atlas Star
*****
Posts: 20,092
Greece


Political Matrix
E: -7.35, S: -6.26

« Reply #4 on: July 17, 2013, 12:46:41 AM »

Wolfentoad was not a troll. The Pacific would be lucky to have him back, f--k what anyone else says. He made the region better. Unless you're referring to candidate "Chode". Chode won't get elected.

Just quoting this in case you change your mind.
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