Particle.news
Download on the App Store
376 ARTICLES
·
yesterday

Coalition Leaders Meet as Budget Gap Fuels Clash Over Bürgergeld Cuts and Tax Rises

Leaders test whether they can pair contested social-state changes with the launch of a €500 billion investment drive.

Image
Image
Mit 68 Jahren muss sich der Ex-Politiker vor dem Landgericht Mönchengladbach verantworten
Image

Overview

  • Union and SPD chiefs convene at the Bundeskanzleramt to set the course for a promised “Herbst der Reformen” and the near‑term fiscal plan.
  • A newly highlighted roughly €30 billion shortfall in the 2027 plan hardens choices on subsidies, tax policy and the social state against rising social‑insurance costs and weak growth.
  • Chancellor Friedrich Merz presses for about 10% savings in Bürgergeld (around €5 billion), a push SPD labour minister Bärbel Bas dismisses, with no decision on the benefit expected today.
  • Finance Minister Lars Klingbeil keeps higher taxes on top earners and wealth on the table, as CDU social wing leader Dennis Radtke signals openness to tougher inheritance and rich taxes despite Merz’s opposition.
  • The government moves to mobilize a €500 billion special fund via an expert board led by Harald Christ and considers an Investitionsbeschleunigungsgesetz to get money into projects.