Yes but the next budget can then be done by a simple 51% majority which is the regular coalition. This dept brake change needed a 2/3 vote and lays the foundation for easier budgets in the future.
Are you sure? From everything I read, there is only a 500 billion credit for infrastructure and an exception for defense spending above 1%.
If the 500 billion credit is largely spent and/or designated by 2029, the next government may not be able to pass a budget without a lot of cuts. Especially because retirement spending will explode by then, taking away money from everything else.
You are right, the off-budget fund (Sondervermögen) for infrastructure also needed a 2/3 vote. I was under the impression that the 500 billion credit and how it will be spend was just part of the negotiations for the dept brake reform. My bad.
Yes but the next budget can then be done by a simple 51% majority which is the regular coalition. This dept brake change needed a 2/3 vote and lays the foundation for easier budgets in the future.
Are you sure? From everything I read, there is only a 500 billion credit for infrastructure and an exception for defense spending above 1%.
If the 500 billion credit is largely spent and/or designated by 2029, the next government may not be able to pass a budget without a lot of cuts. Especially because retirement spending will explode by then, taking away money from everything else.
You are right, the off-budget fund (Sondervermögen) for infrastructure also needed a 2/3 vote. I was under the impression that the 500 billion credit and how it will be spend was just part of the negotiations for the dept brake reform. My bad.