Logo Die Sachsen News
News / Economy

Audit offices warn against undermining the debt brake

Audit offices warn against undermining the debt brake
The State Court of Audit in Saxony warns against undermining the debt brake. (Symbolic image) / Photo: Sebastian Kahnert/dpa
From: DieSachsen News
The audit offices have to keep an eye on thriftiness ex officio. The extended options for taking on debt are therefore viewed with suspicious eyes.

The Saxon State Court of Audit (LRH), just like the corresponding institutions in other federal states, warns against a further erosion of the debt brake. According to the auditors, the state's core expenditure must always be financed from current revenue and not through debt. The reason for this is the financial package that the Bundestag and Bundesrat approved last week. The audit offices of the federal states had published a joint statement on this.

More from this category

Michel: Turning away from debt limitation is the wrong way to go

The resolutions give the federal and state governments more options for taking on debt. "Against the backdrop of rising interest burdens, global uncertainties and growing structural challenges in the budgets, turning away from the principle of debt limitation is the wrong way to go," explained LRH President Jens Michel. Instead of constantly finding new ways to spend, a clear prioritization is needed.

Head of authority calls for task criticism

"It must be questioned which services the state wants to provide and which are absolutely necessary. State budgets must be put back on a solid footing. Intergenerational fairness must not become an empty phrase - it starts with a budget that is still sustainable tomorrow," emphasized Michel.

Copyright 2025, dpa (www.dpa.de). All rights reserved

The translations are automated with the help of AI. We look forward to your feedback and your help in improving our multilingual service. Write to us at: language@diesachsen.com.
Sachsen News
Article from

Sachsen News

Sachsen News is responsible for the content itself. The platform's code of conduct applies. The platform checks and treats content in accordance with the legal requirements, in particular the NetzDG.

Social Media