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| 18 Sep 2012 01:01 AM |
This act recognizes the economic reform is needed to maintain a wealthy and prosperous society. This act hear by orders the creation of the Treasury department. [Section 1] The Treasury department guidelines are as follow (A)The treasury department is to assist (1) The president in creating the fiscal year budget (2) Congress in creating the fiscal month budget(s) (3) The public with information relating to government finances (B)The treasury is to execute the following (1) collect Taxes and/or duties (2) paying back all public and private debt (3) managing the federal budget (4) publishing statistics for (.1) Report of public credit (.2) Report on GDP (.3) Report on Revenue and Debt (C)The Treasury department is to (1) consist of 12 board of director members (.1) 3 members to be appointed by the president (.2) 4 members to be elected by the House of Representative (.3) 4 members to be appointed by the senate (2) Have 1 Secretary of Treasury to be elected by the public [Section 2] The Treasury department is restricted by (1) Not allowing any one to step outside the guidelines (.1) This can be enforced by any branch of government (.2) Immediate shutdown of the Department (2) The Treasury is not to allow the passage of a federal budget that (.1) Exceeds the debt ceiling of 30,000 tixs (Inflation can be factored in effective as of September 20, 2012) (.2) Will has a deficit over 10,000 tixs (Inflation can be factored in effective as of September 20, 2012) This bill makes sure that the management of the finances of the government is not mishandled. |
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dommel101
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| Joined: 27 Mar 2010 |
| Total Posts: 5589 |
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monkman4
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| Joined: 11 Jun 2008 |
| Total Posts: 104 |
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| 18 Sep 2012 06:28 PM |
| We dont nessicrly need to create a New department. As long as more than one person controls spending. Maybe congress should vote on certain things |
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