To Finance ambitious climate-challenge goals, a number of candidates for the SPD party Chairman taking on new debt and, therefore, the task of balancing the Federal budget.

“We need a massive government Expansion of renewable energies. The black Zero is therefore economically and ecologically absurd,” said Karl Lauterbach, the competes with Nina Scheer, the SPD party Chairman, the “Handelsblatt” (Thursday). Lauterbach even the debt brake in question: “In the case of investment in education and the environment, the debt brake should not be applied.”

Similar to Michael Roth, who competes with Christina Kampmann also for the SPD Chairman said. “If we let these investments in the future now, this is a much greater burden for future generations as the questioning of the “black Zero” in times of historically low interest rates,” Roth said of the newspaper.

Economists were brought due to the low interest rates and the slowing economy last new debt into the game. According to the “Handelsblatt” this paper of the Federal Ministry of Finance, the Federal government took in the first half of 2019 for the first time in years, less taxes. The revenue declined compared to the prior-year period, thus 1.4 billion to 155.6 billion euros.

Last week, the Federal government decided in the budget in 2020. Accordingly, each year – as in 2014 – the black Zero, game rooms for special needs, and the budget has not but. Finance Minister Olaf Scholz (SPD), promised but, for the protection of the climate, enough money was there. The major goals of climate protection is to be set up by the Federal government, but only at the end of the year.

Reuters topics in this article, SPD, climate protection, Berlin, Handelsblatt, Michael Roth, Karl Lauterbach, Lauterbach, Nina Scheer

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