Increased Transparency of Government Actions Amidst Debt Limit
This act aims to increase government transparency when approaching the debt limit. Citizens will be informed about the steps taken to keep the government running and their associated costs. This will allow everyone to better understand how public finances are managed in difficult situations.
Key points
The government will be required to report on planned actions when the debt limit is reached.
Daily reports will show which measures are being used and from which accounts money is transferred.
After a debt crisis, the government will provide a summary of all actions taken and their administrative costs.
Expired
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