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Increasing the Debt Ceiling

Aleksander has grand ambitions to provide a common welfare for the people, it was the sight of poverty in the cities and rural areas. The previous administration had done enough to prevent mass starvation and avoid the collapse of the economy. But the people needed something more, and as the state of economy booms the windfall should go to the citizenry. However, the National Treasury has accumulated quite alot of debt from Ashton’s reforms, leaving no room for this fiscal year for any major reforms to the welfare system. George Wester, the founder of Westerian Economics, and financial minister, has suggested increasing the debt ceiling. Doing this will increase the amount of money the government can borrow and how much debt the Treasury can accrue.

It was a bold plan since the party line wishes to cut back funding and pay off current debts. To gain support for his bill, he collaborated with the ADP and NWP for their votes, promising to use it for expanding welfare programs and business investments. It passed the Assembly 213 ayes to 87 nay’s, passing the resolution to increase the debt ceiling. The Financial Minister estimated with this new capital, the government is able to expand or create three major pieces of reforms and programs.

State Changes:

-Budget Deficit
+Budget Surplus
+Debt: Low