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UK Debt Ceiling & Balanced Budget Amendment

Submitted on Thursday 4th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 16

Tagged with

Law ~ Tax ~ UK

Petition Action

UK Debt Ceiling & Balanced Budget Amendment

Additional Information

Set a UK debt ceiling which requires a 66% majority vote to approve increases to. Also set a balanced budget amendment in law requiring UK budgets to be balanced by a certain date such as 2020.

We must only spend what we bring in in taxes unless specifically approved in a 66% majority vote requiring bipartisan agreement

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