The debate surrounding Germany’s federal budget deficit has intensified, with leading figures from the CDU/CSU parliamentary group expressing concern over recent comments from Finance Minister Lars Klingbeil.
Jens Spahn, Chairman of the CDU/CSU group, criticized Klingbeil’s remarks regarding potential tax increases, noting that such measures are not stipulated within the current coalition agreement. Spahn emphasized the record tax revenues currently being collected alongside substantial levels of debt, underscoring the expectation among citizens for a thorough review of all government expenditures and a commitment to austerity.
Alexander Hoffmann, Chairman of the CSU state group within the Bundestag, echoed this sentiment, advocating for discussions centered on state efficiency rather than tax increases. He stated that citizens anticipate modernization efforts rather than further cost escalation. Martin Huber, CSU General Secretary, reinforced his party’s firm stance, reiterating the coalition agreement’s prohibition of tax increases.
Klingbeil, when previously addressing the budget situation, acknowledged the potential need for “all options to be considered” to address significant needs expected from 2027 onwards. He highlighted the necessity of a comprehensive approach, with initial steps already undertaken to streamline personnel, administrative costs and funding programs. He further stressed the importance of rigorously assessing the effectiveness of all expenditures moving forward, prioritizing growth as a key component of fiscal consolidation.