Overview
- The decisive committee meeting began several hours late after late amendment packages from the SPD and the Union prompted other factions to demand review time.
- The government draft for 2026 targets spending of just over €520 billion, with roughly one third to be financed through new borrowing.
- Items in the cleanup draft under discussion include a €1.7 billion loan to the nursing care insurance fund to avert a premium hike, €3 billion more in military aid for Ukraine, and €3.6 billion less for ammunition purchases due to supplier delays.
- Further shifts under consideration include €7.8 billion in commitment authorizations for a potential state stake in grid operator TenneT, reduced microelectronics funding, and an additional €475 million for road construction tied to an earlier coalition deal.
- Factions plan to present the results on Friday, with a final Bundestag vote on the 2026 budget slated for late November.