The budget now goes to division.

For convenience, the debate under the budget as introduced can be read here, whilst the debate under the budget as amended may be read here.

The Budget (March 2023)

• The Finance No. 1 Bill

• The Budget Sheets

• The Budget report, as introduced.

• The Budget report, as amended.

Changelog:

• Several minor language and format fixes in order to hopefully make the LD finance spokesperson happy.

• Fixed some item names to correspond properly with the funded acts (thanks to Muffin for pointing this out).

• Implemented the Further and Higher Education Welfare Provision Act, which had gone unfunded for some time (thanks to Muffin for pointing this out as well and for costing it). Minor consequences to overall finances.

• Indexed the credit union fund to inflation after 2023-24. Very minor consequences.

• Made the year-spans for tables in the report more consistent, starting in 2023. No change to the sheets.

• Fixed the title of the receipts table.

• The comments on debt are expanded and shifted about a little.

• North Macedonia aid implemented.

And, at the suggestion of the Conservative party finance spokesperson and others:

• Increasing the MP constituency fund by half a million each in 2024-25 and another half a million each from 2025-26 onward.

• Doubling the participatory budgeting fund in 2024-25 and then tripling it in all subsequent years compared to 2022-23.

• While not implemented in this budget, I will be initiating discussions on raising the bank levy further after the election.

This Budget was submitted by the Chancellor of the Exchequer /u/WineRedPsy on behalf of HM Government and the Broaddus ministry. It was co-written and co-submitted by the Shadow Chancellor /u/CountBrandenburg on behalf of HM Most Loyal Opposition and the Labour Party.

Based on a template created by /u/NGSpy for the Rose I budget and containing parts grandfathered in by subsequent budgets authored by him, /u/Toastinrussian and /u/phonexia2.

With further thanks in particular to /u/Inadorable for significant contributions and co-authorship.

This division will end Friday 24th March at 10pm GMT.