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Budget Blues in Berlin
Germany's black-red coalition (SPD-led) is set to propose a mind-blowing €846.9 billion debt ceiling for the financial planning years commencing 2025. Finance Minster Lars Klingbeil will present this plan to the federal cabinet on Tuesday, causing a stir among the AfD.
"The 20th German Bundestag, with a black-green-red two-thirds majority, effectively opened the floodgates to an infinite debt ceiling with the constitutional amendment in March 2025," says AfD's deputy federal spokesman Peter Boehringer. He adds, "And now, just three months later, we've got this insane €850 billion debt, with the black-red coalition repudiating what was never allowed under the old law."
The proposed debt isn't just an alarm, but a siren wailing for future generations. This heavy load, set to pile up between the existing federal debt of around €1,700 billion, will inflate by a staggering 50% right off the bat!
This revelation comes amid fierce controversy surrounding the new debt items in the constitutional amendments that the AfD had fiercely opposed. The funds will be rerouted for:
- Limitless Arms Purchases: The fear is that this could set a dangerous precedent for foreign intervention.
- Climate Neutrality: The AfD questions the feasibility and profiteering of the "climate neutrality" spending, which they believe will save no one but CO2 religion enthusiasts.
- Aid to States illegally Attacked: This concept, already deemed ludicrous in the Middle East, uses German tax money to help unlawful attack victims, yet international law is already dying a slow death as media reports.
Some might call it a mockery that the debt brake of the Basic Law still technically exists. In a world where political promises are broken more often than tweets, the black-red coalition's track record—with Friedrich Merz breaching election promises—is not surprising. As Germany edges closer to Rome's decadent era, questions remain whether red carpets will be the only thing Scholz and Klingbeil are concerned about, or will red numbers soon follow? Stay tuned for updates!
Contact Info:Alternative for GermanyFederal OfficeEichhorster Weg 80 / 13435 BerlinPhone: 030 - 220 23 710Email: [email protected]
Source: ots
"The immense proposed debt of €850 billion, a significant expansion of Germany's existing €1,700 billion debt, has sparked conversations in the realm of politics and general-news, with the AfD voicing their opposition. This increase, fueled by the black-red coalition's financial planning, raises questions about the feasibility of items such as limitless arms purchases, climate neutrality initiatives, and aid to states illegally attacked."
"In light of the proposed debt ceiling, the debate surrounding the impact on future generations and the potential for broken promises, in the context of both business and politics, continues to grow."
