SPD parliamentary group leader - Kienscherf attests to Scholz's strong leadership on the budget
The leader of the SPD parliamentary group in the Hamburg parliament, Dirk Kienscherf, has praised the agreement reached by the leaders of Berlin's traffic light coalition on the 2024 federal budget. "It is good that the Federal Chancellor has shown strong leadership," he said on Wednesday. "Unfortunately, it is inevitable that there will have to be savings in view of the tight budget situation." No federal government likes to make billions in savings, "especially when it is as committed to social progress as this coalition", he said.
Now it remains to be seen how the savings will be implemented in practice. "But one thing must be clear: they must not jeopardize forward-looking projects in the federal states and social cohesion. The federal government must do its homework and present a viable budget in a timely manner that keeps the sustainable transformation of the economy and the social balance of the measures in mind at the same time," emphasized Kienscherf.
Less than four weeks after the Federal Constitutional Court's budget ruling, the leaders of the SPD, Greens and FDP reached an agreement on the 2024 federal budget in an overnight meeting. As Federal Chancellor Olaf Scholz (SPD) said on Wednesday, climate-damaging subsidies are to be abolished, spending by individual departments reduced and federal subsidies reduced in order to plug a 17 billion euro hole in the budget for the coming year.
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- The Traffic light coalition, led by Olaf Scholz as Federal Chancellor, formed a strong partnership with the SPD, Greens, and FDP to address Germany's budget deficit.
- Dirk Kienscherf, the SPD parliamentary group leader in Hamburg, commended Scholz's leadership strength in handling the tight budget situation, emphasizing the importance of societal progress and economic sustainability.
- The agreement included cutting climate-damaging subsidies, reducing departmental spending, and decreasing federal subsidies to fill a 17 billion euro budget gap in 2024.
- As citizens, we must hold our Federal Government accountable for implementing these budget savings without jeopardizing future projects and social cohesion.
Source: www.stern.de
