People tabled amendment to what we all owe (8,4)

I believe the answer is:

national debt

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'what we all owe' is the definition.
I can't judge whether this definition defines the answer.

'people tabled amendment' is the wordplay.
'people' becomes 'nation'.
'amendment' indicates anagramming the letters.
'tabled' with letters rearranged gives 'aldebt'.
'nation'+'aldebt'='NATIONAL DEBT'

'to' acts as a link.

Can you help me to learn more?

(Other definitions for national debt that I've seen before include "something for government to handle" , "Do we all owe this" , "Money a country owes" , "Total government borrowing" , "which the whole country must pay for" .)

I've seen this clue in The Daily Express.

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