Germany's budget committee approved the draft federal budget for 2027 after more than 15 hours of negotiations. The budget provides for expenditures of approximately 560.9 billion euros. New debt is expected to reach approximately 210.4 billion euros. The draft now moves on to debate and voting in the Bundestag. Der Standard ↗
The CDU/CSU and SPD coalition agreed on several compromises. The planned sugar and plastics taxes have for now dropped out of the draft, while the Social Democrats pushed through the preservation of several family benefits and prevented some cuts. Tagesschau ↗
The biggest point of contention remains the reduction of the electricity tax for households. Chancellor Friedrich Merz originally announced its reduction for everyone, but the coalition has so far not found financing for this step. The measure therefore does not appear in the budget draft, which triggered sharp criticism within the CDU/CSU Union. Some of its representatives continue to demand that the issue be resolved in the coalition committee. Die Zeit ↗
Federal Finance Minister Lars Klingbeil has received support from several Social Democratic state-level politicians. They point out that cutting the tax without credible financing would not be responsible. Critics of the government also claim that the coalition is unable to fulfill its earlier promises and is closing budget gaps by postponing measures. Die Zeit ↗
The budget draft still has to be approved by parliament. The dispute over the electricity tax may therefore continue even after the committee's negotiations have concluded. Spiegel.de ↗
Germany's 2027 budget ready for vote
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (4)
Nach mehr als 15 Stunden Beratung: Deutscher Bundeshaushalt für 2027 steht
Der Standard
| 08:42 13.11.
Haushalt 2027: Entwurf beschlossen – Thema Stromsteuer bleibt umstritten
Spiegel.de
| 07:45 13.11.
Haushaltsberatung: Die Nacht der Milliarden im Bundestag
Tagesspiegel
| 04:31 12.11.
Haushalt: Koalition findet bisher kein Geld für Stromsteuer-Senkung
Tagesspiegel
| 21:35 11.11.
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