Bustin' Budget Bash in Saxony's State Parliment
Legislative Body of Saxony Providing Advice on Dual Budget Strategy - Saxony's parliament deliberates on the dual budget proposal.
Get ready for some serious number crunchin', as Saxony's State Parliment is about to give the green light to the double budget for 2025 and 2026. With a grand total of 50.2 billion euros on the line, this ain't no small potatoes!
The sausage fest of debates started on Thursday, where they threw around numbers like a pro wrestler throws punches. The first in line for the grilling was the Ministry of Social Affairs, with a budget of about 1.62 billion euros for 2022 and 1.63 billion euros for 2023. Following close by was the Ministry of Economy, Labor, Energy, and Climate Protection, raking in 994.9 million euros for 2025 and 946.1 million euros for 2026.
But the real showdown happened in the ring of amendment proposals. The factions of AfD and the Alliance for Progress and Social Justice (APS) came out swingin', with 169 and 112 proposals, respectively. The AfD aimed for some savings, while the APS went for additional expenses. After the dust settled, the individual budgets were approved, and the final vote on the entire budget is just around the corner.
For those keepin' score at home, the double budget accounts for a whopping 25.026 billion euros in 2025 and 25.178 billion euros in 2026. In order to close the funding gap, the government had no choice but to raid the budget balance reserve and get scribblin' with the red pen. The contribution to the Generational Fund saw a decrease, as did the repayment of corona debts. And, not all federal programs will receive co-funding anymore.
But it ain't all bad news for the folks back home. The coalition relies on the support of the opposition, especially since they're short ten votes for a majority in the parliament. They initially tried to strike a deal with the Alliance Sahra Wagenknecht, but that was a swing and a miss. Luckily, they found some friends in the Greens and the Left Party, who agreed to reverse some planned cuts – shoutout to them for savin' the day!
They weren't the only ones makin' waves, though. The first individual budgets, including State Chancellery, State Parliament, State Audit Office, and the Ministry of Culture, were already voted on on Wednesday. Budget of the Ministry of Culture, which happens to be the largest individual item of a ministry, received a majority with a planned expenditure of approximately 5.3 billion euros for this year and around 5.4 billion euros for 2026.
The total personnel costs are expected to amount to just under 6.4 and over 6.6 billion euros. The investment quota decreases from 16.8 percent in 2024 to 13.3 percent (2025) and 12.6 percent (2026). Only around 3.3 and just under 3.2 billion euros are planned for investments. The municipalities will receive around 8.5 and 8.1 billion euros in both years.
But the real question is: Will they pass the budget or will it go down like a lead balloon? Tune in for the final showdown and don't miss a minute of the action!
- Dual Budget
- State Parliment
- AfD
- CDU
- SPD
- Alliance Sahra Wagenknecht
- Money Matters
- Don't Drop the Ball
- Sausage Party
- Dresden Showdown
- The budget discussions in Saxony's State Parliment highlight the importance of various policies, including community policy and employment policy, as the Ministry of Economy, Labor, Energy, and Climate Protection proposed budgets for employment policy in the years 2025 and 2026.
- As the final vote on the double budget for 2025 and 2026 approaches, finance, business, politics, and general-news will closely monitor the outcomes, as decisions could impact the financial stability, economic growth, and potential policies for Saxony's residents.
