MPs get power to change budget

[CathJ]

I'm really starting to get worried now:

Parliament has taken a historic step in stamping its authority on the political and economic landscape by adopting "in principle" a recommendation that will enable it to amend the Budget and other money bills.

Also adopted "in principle" was a proposed amendment that would allow for oversight of the Reserve Bank, a controversial step given its constitutionally guaranteed independence.

Main critics of giving MPs sway over public money allocation have cited their lack of know-how, but the draft bill makes provision for the establishment of a "budget office" within parliament. The office will also help to "identify trade-offs between votes", understood to mean that money for housing could, for instance, be shifted to health should MPs see fit.

Via IOL

I really don't think we want MPs being able to undo what the Finance Minister painstakingly compiles. And isn't having a 'budget office' within parliament much the same thing as having a Finance portfolio in the first place?

 

[Piepalook]

I'm really starting to get worried now:







Via IOL

I really don't think we want MPs being able to undo what the Finance Minister painstakingly compiles. And isn't having a 'budget office' within parliament much the same thing as having a Finance portfolio in the first place?

Ridiculous!

 

[Ady]

Just another way for MP's to "LOOSE" money and cover up their apparent uselessness. I'm generalising.

 

[vespax]

Hate to say it but I envisage a scandal coming out of this new budgetary power scenario.

 

[Balstrome]

When will these idjits realise that a command economy does not work.

 

[Koos Custodiet]

The ANC has communist roots. And they just don't seem to want to go away.

Don't worry, it's for your own good.

 

[Geriatrix]

Maybe they just want to give themselves bigger "performance bonusses".

 

[Balstrome]

Any opposition party/candidate that wants to win, should be out in the great unwashed, showing and proven them, that the emporor has no clothes.