2024-07-19 01:42:06
SPD parliamentary party leader Rolf Mützenich wants to carefully examine the draft budget for 2025 approved by the Federal Council. “We will look closely at whether the federal government’s contract is financially and legally sound, or whether a decision needs to be made to pass the debt moratorium,” Mützenich told the press of the Funke media group. Mützenich stressed that “We do not take the possibility of declaring a budget emergency off the table.”
By declaring a budget emergency, the suspension of debt standing in the Basic Law can be suspended. This is the case during the corona pandemic. The debt reduction states that the budgets of the federal and state governments must be in total balance without revenue from loans. In the event of natural disasters or other emergency situations, the loan suspension may be suspended.
After the minister’s decision on Wednesday, the draft budget will be sent to the Bundestag. He will perform with her for the first time in September. We expect a parliamentary decision by the end of November.
The SPD insists on constitutional change
Mützenich also made calls to change the debt law. “At all levels of government and in almost all parties – including almost all economists – there is an opinion that we have to change the Basic Law and reform the debt if we want to do the important investment in our country,” said the SPD politician. . He hopes this will reach the FDP at some point. Liberals reject changes to debt relief.
Chancellor Olaf Scholz also believes that the reform of the infrastructure is necessary. It will certainly have to find decisions in the next legislative period to update the debt moratorium, the SPD politician said in the “Interview of the Week” of ARD. “But this will be a job that you have to do very calmly and without foaming at the mouth,” emphasized Scholz. He pointed out that a two-thirds majority in the Bundestag and Bundesrat would be necessary for the decision to change the Basic Law.
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