The "black zero" moves further into the distance in the Corona crisis: Federal Finance Minister Olaf Scholz (SPD) wants to take on massive debts in the coming year.
The
draft budget for 2021
by
Federal Finance Minister Olaf Scholz (SPD *)
has been
approved
by the
Federal Cabinet
.
Due to the
corona pandemic *
, the
debt brake will be
suspended again so that higher
loans are
possible.
The
federal government's
investments
are to flow primarily into three areas.
Berlin - In the fight against the
corona pandemic *
, the
federal government
wants
to put a lot of money into its hands again: The
federal cabinet
has approved the draft for the
federal budget for 2021
.
In the fight against the crisis *,
Finance Minister Olaf Scholz (SPD)
is
planning
again with considerable
debts
- around
96 billion euros
are to be raised.
The
debt brake
anchored in the Basic Law is therefore
to be suspended
in the coming year
.
Federal budget in 2021 in corona pandemic: Scholz expects significantly less tax revenue
In view of falling
tax revenues
,
spending is expected to be
almost
a fifth
lower than in 2020 - but this year there were also significant expenditures for aid packages *.
The budget includes
billions
in investments in the following areas:
in
roads
and railways
in the
climate-friendly
restructuring of the economy
in
childcare
The aim, according to the draft, is "to lay the foundation for sustainable and strong economic growth in Germany so that Germany can emerge from the crisis quickly and powerfully".
Federal budget in Corona crisis: Scholz does not expect a black zero until 2024
After the cabinet decision, the Bundestag and Bundesrat are now dealing with the budget.
They should finally be adopted at the end of the year.
Together we go all the way through the Corona crisis - this is the premise for the 2021 budget. If you want to know more, you can find it 👇 https://t.co/2wefUtMxaK
- Olaf Scholz (@OlafScholz) September 23, 2020
From
2022
on, Scholz wants to comply with the debt brake again.
To a certain extent, however, loans are also allowed, so that a return to the
black zero
, i.e. a federal budget completely without new debt, is not in sight for the time being.
Scholz said he wanted to take out the loans that the debt brake would allow between 2022 and 2024.
The debt brake in the Basic Law enables a
low level of new debt
.
+
Federal Finance Minister Olaf Scholz (SPD) does not expect a black zero in the coming years due to Corona.
© Fabrizio Bensch / Reuters / Pool / dpa
Tax cuts despite Corona?
Scholz vehemently rejects this
Scholz emphasized that
tax cuts for top earners
are not appropriate given the financial situation.
“I believe that those who are now promising tax cuts in this situation for people who earn a few hundred thousand euros a year either have bad plans for our country, which many millions of citizens would have to pay, or they are not telling the truth. “(Dpa / AFP / frs)
* Merkur.de is part of the Ippen-Digital editorial network.
List of rubric lists: © Fabrizio Bensch / Reuters / Pool / dpa