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The German government plans the budget for 2027

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The German government makes a plan on Monday. The plan is for the budget 2027. A budget is a plan for money. The state spends this money. Lars Klingbeil is the finance minister. He fills gaps with money. He uses 6.8 billion Euro of savings.

The government plans spending of 555.4 billion Euro in 2027. This is much money. The ministries must save money. Each department spends 1 percent less money. Only defense and work get more money. Boris Pistorius and Bärbel Bas get more money.

The state also takes new debt. Debt means: The state borrows money. This money is for the army. And it is for nature. The total new debt is 200 billion Euro. Tobacco taxes rise. People pay money for plastic soon.

The parliament discusses the plan in September. This is after the summer break. The parliament decides on the budget in winter. The plan becomes a law then.

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Definitions

Budget
A plan that shows how much money the state gets and spends.
Departments
These are areas for work in the government.
Debt
The state borrows money and pays it back later.

People

Lars Klingbeil
He is the finance minister of Germany.
Boris Pistorius
He is the defense minister.
Bärbel Bas
She is the labor minister in this text.

Locations

Germany
A country in Europe with a government.

Sources

Südtirol News

Deutsche Regierung beschließt Haushaltsentwurf

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Tiroler Tageszeitung

Deutsche Regierung beschließt Haushaltsentwurf | Tiroler Tageszeitung Online

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FAZ

Haushaltsentwurf für 2027: Geht er heute durchs Kabinett? | FAZ Frühdenker

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ZDFheute

Update am Morgen: Kabinett will Rekord-Haushalt beschließen

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