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That rule isn’t being enforced. The rule in question is a domestic German deficit limit that requires governments to only spend more during emergencies or rece
by ricw 3y ago
That rule isn’t being enforced.
The rule in question is a domestic German deficit limit that requires governments to only spend more during emergencies or recessions, which ironically Germany has just officially entered.
- hnbad 3y agoThe requirement also says nothing about not being allowed to raise taxes or reactivate the wealth tax so the problem isn't really that they need to "reduce the budget" just that they're not allowed to add debt and the tiniest coalition partner is threatening to jump ship if they raise taxes or cut subsidies to that party's donors (especially fossil, car manufacturers and air travel).