The budget committee of the Bundestag is finalizing adjustments to the 2027 draft budget on Thursday. The meeting, meant to resolve the last disputed points, began with a delay due to IT problems and missing cover sheets for the documents. Welt ↗
The draft budget prepared by Federal Finance Minister Lars Klingbeil envisages expenditures of 555 billion euros. During the so-called cleanup session, lawmakers are to review the final changes before the Bundestag makes its definitive decision on the budget. Die Zeit ↗
The coalition parties, the Union and the Social Democratic Party of Germany, have agreed on several disputed points. According to available information, however, some demands still lack secured funding. As a result, dissatisfaction with the outcome of the negotiations is growing within the Union's parliamentary group. n-tv ↗
The Social Democrats rejected cuts to family benefits that some Union lawmakers had pushed for. The Union also failed to achieve a reduction in the electricity tax. Within its parliamentary group, there are now concerns that the party will be unable to fulfill its pre-election promises and is losing credibility. Welt ↗
The budget committee still faces lengthy negotiations over the final adjustments. Once these are completed, the draft will be submitted to the Bundestag, which is to decide on the shape of next year's budget.
Bundestag completes negotiations on Germany's 2027 budget
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Sources (3)
Machtpoker um den Haushalt: In der Unionsfraktion rumort es gewaltig
n-tv
| 11:59 12.11.
„Wir verlieren jede Glaubwürdigkeit“ – Unmut in der Union über ausbleibende Steuerentlastungen
Welt
| 07:23 12.11.
Bereinigungssitzung: Haushaltsausschuss berät abschließend über Etat 2027
Die Zeit
| 06:46 12.11.
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