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Consider an overdraft limit similar to the USA.

Submitted on Saturday 6th August 2011

Published on Monday 15th August 2011

Current status: Closed

Closed: Wednesday 15th August 2012

Signatures: 2

Tagged with

Parliament

Petition Action

Consider an overdraft limit similar to the USA.

Additional Information

If the government was in place an overdraft limit which would limit government borrowing. If the government wants to break it then Parliament should have to be consulted and a vote of Parliament occur. Emergency overdraft limit borrowing if something like Lehmans happened but Parliament should meet as soon as possible to discuss the issue and a vote occur.


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