FDP advocates for adherence to the debt limit in the 2025 fiscal plan.
"Durr stressed the importance of sticking to the debt limit. Every Euro borrowed now will be paid back by the next generation. Therefore, it's crucial to prioritize spending, just like at home. Durr pointed out defense, internal security, and infrastructure development as critical areas that need more funding. Higher economic growth is key to freeing up more budget room. The government needs to make it easier for businesses to invest money.
As for the cabinet's plan to adopt the budget on July 3, 2025, Durr stated it's not about a specific date but getting the cabinet to approve a budget in July. The Bundestag will tackle the proposal after the summer break, starting from September. The aim is to pass the budget by the end of November or the beginning of December. "We're right on track," Durr said.
According to the Pioneer portal, citing government sources, a cabinet decision on July 3 is becoming less likely. Chancellor Olaf Scholz (SPD) was positive in a recent ARD interview that they would get the budget back on track in July – without explicitly specifying July 3.
For quite some time now, the federal government has been at odds over the budget for the coming year due to tight finances and a sluggish economy. Disagreements include the debt limit, the height of social benefits, infrastructure investments, and defense and development spending. Federal Finance Minister Christian Lindner (FDP) is pushing for substantial budget cuts, particularly in social spending sectors."
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- Christian Dürr, from the FDP, emphasizes the significance of adhering to the debt brake in Germany's 2025 fiscal plan, as every borrowed Euro will be the responsibility of future generations.
- In the context of the Traffic light coalition's plan to approve the budget on July 3, 2025, Christian Dürr emphasized that it's about getting the cabinet to approve a budget in July, not a specific date.
- Amidst a cabinet's budget disagreements over tight finances, a sluggish economy, and issues like the debt limit, social benefits, infrastructure, and defense spending, Federal Finance Minister Christian Lindner (FDP) advocates for substantial budget cuts, particularly in social spending sectors.
- Durr, advocating for compliance with the debt brake, named defense, internal security, and infrastructure development as critical areas needing more funding in Germany, emphasizing the importance of higher economic growth for more budget room.
- In the negotiation process for Germany's 2025 fiscal plan, the potential for approval of the budget on July 3, 2025, is becoming less likely due to ongoing disagreements between cabinet members, according to recent reports.
