Growth package possible without new debt: Union faction sees savings potential

Growth package possible without new debt: Union faction sees savings potential

Economic policy: Middelberg: Investment boost possible without debt – politics

In its search for ways to stimulate the economy, the federal government has a solution in mind. A proposal to finance a possible growth package without taking on new debt comes from Union faction deputy Mathias Middelberg. In order to achieve this, the CDU politician suggests making savings in state funding programs and personnel in the federal ministries.

According to Middelberg, it is possible to mobilize significant funds to boost investment in Germany without resorting to new debt. He emphasized the need to ease the burden on the economy, particularly in terms of energy costs or corporate taxes, in order to restore Germany as an attractive investment location. The implementation of a turnaround in the budget requires sustainable savings and reallocations.

The Union parliamentary group vice-president identified savings potential in various areas. He suggested reducing the number of around 400 federal funding programs and rigorously evaluating them. Large country issues should also be canceled, such as the “Starting Opportunities” program, which ties up large amounts of funding. Middelberg also advocated for a significant reduction in staffing levels in federal ministries, which he sees as a potential area for significant savings.

The discussion about new growth impulses for the economy is in full swing, with the Bundestag and Bundesrat recently adopting a growth package. Federal Minister of Economics Robert Habeck sees further stimulus as necessary and is working on a possible package, while the question of financing and scope represents a challenge for the traffic light parties. The debate about the balance between economic development and the welfare state remains a central issue.