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Budget: SPD insists on the possibility of new debt

The SPD insists on the possibility of new debt in the budget. (Archive image) / Photo: Bodo Schackow/dpa
The SPD insists on the possibility of new debt in the budget. (Archive image) / Photo: Bodo Schackow/dpa

The budget negotiations are considered difficult due to the lack of a majority in the governing coalition. The SPD parliamentary group leader makes it clear where his group stands on new loans.

In the discussion about the new Saxon budget, the SPD parliamentary group insists on the possibility of taking on new debt. "We will have to continue to invest in the coming years in order to give the economy new momentum and ensure cohesion in our society," explained parliamentary group leader Henning Homann. "It is therefore clear that we will not be able to get by without taking out loans in this legislative period." The CDU, on the other hand, had recently rejected new debt.

According to Homann, the SPD primarily has the municipalities in mind. "All federal states are planning to use the new leeway in the Basic Law to strengthen their municipalities. It would be absurd if Saxony were the only federal state to opt out," said the parliamentary group leader.

Budget resolution by the summer break?

The Saxon state parliament wants to pass a double budget by the summer break. This is considered a challenge due to the difficult majority situation. The coalition of CDU and SPD does not have its own majority in parliament - it lacks ten votes.

Homann explained that all democratic parliamentary groups are responsible for ensuring that the timetable is adhered to. "There needs to be a willingness to compromise on all sides. Now is not the time for ideological debates, but time for solutions." Postponing the budget decision would have "catastrophic consequences for Saxony", he warned.

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