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After a long struggle within the traffic light coalition: the Bundestag is voting on the 2024 budget today

2024-02-02T05:10:15.185Z

Highlights: After a long struggle within the traffic light coalition: the Bundestag is voting on the 2024 budget today. In total, expenditure of 476.8 billion euros is planned for the current year. For the time being, new loans should only be taken out for around 39 billion euros. Discussions are already underway for the 2025 budget - and they are unlikely to be easy either. There is once again a gap in the core budget alone in the double-digit billion range. The SPD, the Greens and the FDP also agreed on a budget financing law.



As of: February 2, 2024, 5:58 a.m

By: Stefan Krieger

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The budget week is coming to an end: After the big exchange of blows in the general debate, the Bundestag decides on the 2024 federal budget today. The news ticker.

  • The traffic light coalition's federal budget

    for 2024 is about to be passed

    in the Bundestag

    today .

  • Federal budget 2024

    : The key points

  • This news ticker for budget week in the Bundestag is constantly updated.

Berlin – Will everything be okay in the end?

After a delay of several weeks, the Bundestag will finally vote on the 2024 federal budget this Friday (February 2nd, from 9 a.m.).

The controversial austerity measures at the expense of farmers should also be decided in parliament.

In total, expenditure of 476.8 billion euros is planned for the current year.

For the time being, new loans should only be taken out for around 39 billion euros.

If it stays that way, the debt brake would be adhered to for the first time since the outbreak of the corona pandemic, because the regulation in the Basic Law allows a certain amount of leeway in the event of poor economic expectations.

The Federal Council is also expected to give the green light for the budget later today. 

After the general debate, the Bundestag will vote on the budget.

© Kay Nietfeld/dpa

The federal budget for 2024 presented the traffic light coalition with a particular challenge.

After the Federal Constitutional Court's ruling, billions of dollars in holes suddenly had to be plugged in the core budget and in the climate and transformation fund shortly before the end of the year. 

Federal budget 2024: The key points

Labor Minister Hubertus Heil (SPD) has by far the largest budget with around 175.6 billion euros - large parts of which go to pension insurance, as well as expenses for citizens' money, for example.

A total of 70.5 billion euros are planned to be invested – for example in the rail network and roads.

The defense budget is around 52 billion euros, plus billions in funds from the special fund for the Bundeswehr. 

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The SPD, the Greens and the FDP also agreed on a budget financing law.

In addition to the gradual abolition of tax advantages for agricultural diesel for farmers, this also provides for a higher ticket tax for passenger flights.

This ensures additional revenue for the federal government. 

Motion from the opposition: Agricultural diesel tax relief should be retained

The Bundestag is also voting on a proposal from the CDU/CSU parliamentary group.

In it, the Union calls for the agricultural diesel tax relief not to be canceled.

Group deputy Steffen Bilger said the traffic light decision was a “slap in the face” to farmers.

The government seems to be completely indifferent to the massive and widely supported protest by the peasantry.

The AfD parliamentary group is also calling for an end to the agricultural diesel subsidy in a motion.

But that's not the only new budget dispute on the horizon.

Discussions are already underway for the 2025 budget - and they are unlikely to be easy either.

There is once again a gap in the core budget alone in the double-digit billion range.

(speaking with agency material)

Source: merkur

All news articles on 2024-02-02

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