Bundestag - SPD parliamentary group schedules special meeting on the budget for Friday
The SPD Bundestag faction will convene for a special session on Friday morning to discuss the status of the budget negotiations. The session will take place at 7:00 am, according to a statement from the faction. It is also reported that the session will take place even if there is still no agreement between Federal Chancellor Olaf Scholz (SPD), Finance Minister Christian Lindner (FDP), and Economics Minister Robert Habeck (Greens) at that time.
This increases the pressure on the three negotiators further. Fraktionsbusinessmanager Katja Mast had already stated earlier that she expected an agreement by Friday.
Scholz has been in talks with Lindner and Habeck for weeks about the 2025 budget plan. They had originally aimed to finish by this Wednesday. The new target date for the cabinet decision is now July 17. To meet this deadline, a quick consensus on the basic principles is necessary, as the drafting of the budget law usually takes approximately ten days.
The individual items have been largely agreed upon, but there is still a billion-dollar gap that needs to be closed. The SPD insists on suspending the debt brake again to have more room for maneuver. This is not an option for Lindner. The decision ultimately lies with the Bundestag, which will deal with the budget draft from September - if the cabinet agrees.
- The budget dispute between the SPD parliamentary group and the FDP has led to a special meeting scheduled for Friday morning.
- Despite no agreement between Olaf Scholz, Christian Lindner, and Robert Habeck at the time of the meeting, the SPD parliamentary group faction insists on convening.
- The FDP, led by Christian Lindner, has Whatever position against suspending the debt brake again, as proposed by the SPD.
- The special meeting in the Bundestag will put more pressure on the coalition partners to reach a consensus before the July 17 deadline set by Chancellor Scholz.
- The SPD, FDP, and Greens have made significant progress in the budget negotiation, but a billion-dollar gap remains, causing delays in the negotiations.
- If the cabinet agrees on the budget draft, the Bundestag, including the SPD and FDP parliamentary groups, will begin dealing with it from September in Berlin.
- Despite the challenges, the outcome of the budget negotiation will significantly impact various household expenses and economic policies in Germany.