Yellen to discuss incoming budget with the Senate

POLITICO | During a Treasury Press Release, Deputy Secretary to the Imperial Treasury [Mario] Draghi made a call on the legislature to come to an agreement in regards to the incoming budget. In the release, Draghi stated that Chief Secretary Yellen would be welcoming the various Senate delegations to "thoroughly discuss the way forward" for the crumbling economy. Draghi emphasised the Treasury's commitment to reaching "daring and innovative" agreements with all sides of the political spectrum, in order to reach a deal that will result in the passage of a budget that will avert a collapse in the country's fiscal confidence. Although not willing to release too much on the budget, Draghi has reiteratted the need for a vast array of cuts to public expenditure, as well as the introduction of new revenue sources with the rejection of the Tax Increase by the Senate, and the inevitable reformation of the Falleen economic structure as to allow a healthy degree of debt to promote investment and create growth in an otherwise stagnant economy. Secretary Yellen will be speaking privately with Senators from across the Empire over the coming weeks and months to reach a deal which is satisfactory to the entire country. As a closing statement, Draghi stated that "the Treasury finds it of utmost necessity that both the government and the legislature shed it's political skins and come together with real solutions to a very serious problem facing the nation". POLITICO shall continue to follow these developments carefully over the coming period.
Category:The Imperial Constitution