Audit offices warn against undermining the debt brake

The Saxon State Court of Audit (LRH), just like the corresponding institutions in other federal states, warns against a further erosion of the debt brake. According to the auditors, the state's core expenditure must always be financed from current revenue and not through debt. The reason for this is the financial package that the Bundestag and Bundesrat approved last week. The audit offices of the federal states had published a joint statement on this.

Michel: Turning away from debt limitation is the wrong way to go

The resolutions give the federal and state governments more options for taking on debt. "Against the backdrop of rising interest burdens, global uncertainties and growing structural challenges in the budgets, turning away from the principle of debt limitation is the wrong way to go," explained LRH President Jens Michel. Instead of constantly finding new ways to spend, a clear prioritization is needed.

Head of authority calls for task criticism

"It must be questioned which services the state wants to provide and which are absolutely necessary. State budgets must be put back on a solid footing. Intergenerational fairness must not become an empty phrase - it starts with a budget that is still sustainable tomorrow," emphasized Michel.