A Bill to limit government budget deficits; to introduce a ceiling on public debt; and for connected purposes
House of Commons
26 April 2013
The Public Debt Management Bill would create a formal rulebook for government borrowing. It would set a legal ceiling on the total national debt and establish limits on yearly deficits, along with requirements for measuring, reporting and overseeing compliance. The aim is to improve long-term fiscal sustainability and transparency in public finances.
The bill is currently at the second reading in the House of Commons. If it passes this stage, it will move to the committee stage for detailed examination and potential amendments.
Generated 21 February 2026
No recorded votes for this bill yet.