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Budget crisis: SPD politician expects billion-euro gap in 2024 - "High double-digit amount"

2023-11-29T15:17:44.468Z

Highlights: Budget crisis: SPD politician expects billion-euro gap in 2024 - "High double-digit amount" "Justification can be found": SPD wants to declare emergency situation again. The Bundestag is currently dealing with one issue in particular: the federal government's budget crisis. If this is not possible, it would not be a disaster to have a provisional budget until 1 February. The traffic light will continue to hold together, says Katja Mast, the parliamentary secretary of the SPD parliamentary group.



Status: 29.11.2023, 16:11 PM

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The ongoing budget crisis continues to be the main topic in political Berlin. The parliamentary secretary of the SPD, Katja Mast, assumes a missing sum of billions.

Berlin - The federal government will have to compensate for a high amount of billions in the 2024 budget, according to SPD politician Katja Mast. "I assume a higher double-digit billion amount," said the parliamentary secretary of the SPD parliamentary group in Berlin on Wednesday (29 November). This is due to the ruling of the Federal Constitutional Court and the consequences for the Climate and Transformation Fund (KTF) and the Economic Stabilisation Fund (WSF). Finance Minister Christian Lindner and the FDP speak of a low double-digit amount.

The size of the gap is also important for the question of whether it can be compensated for by savings or whether an emergency situation could be declared again within the framework of the debt brake.

The Bundestag is currently dealing with one issue in particular: the federal government's budget crisis. © Kay Nietfeld / dpa

"Justification can be found": SPD wants to declare emergency situation again

Mast spoke out in favor of redeclaring an emergency for 2024. "The SPD is convinced that a justification can be found for this," she said, referring to the Ukraine war and the consequential costs for Germany, the transformation costs for a climate-neutral economy and the preservation of social cohesion. Mast pointed to huge subsidies paid by the United States, China, but also France for the restructuring of their economies. She expects that the coalition committee of the SPD, the Greens and the FDP will deal with the question on Wednesday evening. "But the whole package won't be on the table until tonight," she added. The traffic light will continue to hold together.

With the good will of all parties involved, it will also be possible to pass the 2024 budget before the end of this year, Mast said. If this is not possible, it would not be a disaster to have a provisional budget until 1 February. Mast rejected the opposition's accusations that there was a state crisis. "The state is fully capable of acting," the SPD politician stressed. (Reuters, LF)

Source: merkur

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