DIn the debate about an economic stimulus program, employers have asked the federal government to first set up a fast-acting “bridging aid fund” for companies. “The most affected companies now need particularly quick help,” says a letter from Steffen Kampeter, chief executive of the Federation of German Employers’ Associations, to Federal Minister of Finance Olaf Scholz (SPD). The letter was available to the German Press Agency. Meanwhile, the CDU and CSU warned that there was no limit to the money available for an economic stimulus package.
According to CSU chairman Markus Söder, the federal government should be allowed to raise a maximum of 100 billion euros in additional debt this year to boost the economy after the corona crisis. “It is important that we do not ruin the state,” said Bavaria’s Prime Minister at a party convention on Friday. Concepts for further new borrowing of up to 150 or 200 billion euros could not be financed, and all aid had to remain “economically sensible”.
Controversial Scholz plan: money per child
According to a “Spiegel” report, Finance Minister Scholz is currently planning an economic stimulus package of up to 150 billion euros. According to “Spiegel”, Scholz wants to strengthen purchasing power with a family bonus, among other things. Parents should therefore receive a one-off payment of 300 euros for each child. In addition, innkeepers and artists should receive compensation for lost income. Ease of depreciation or investment grants are planned for companies.
The head of the CSU regional group in the Bundestag, Alexander Dobrindt, declined a family bonus. NRW Prime Minister Armin Laschet (CDU) had proposed such a fee of 600 euros per child. “We now do not need competition about whether 300 or 600 euros will lead us out of the economic crisis.” Instead, it must now “be about innovation issues and new technologies,” Dobrindt told Bayerischer Rundfunk.
The CDU / CSU parliamentary group’s spokeswoman for finance policy, Antje Tillmann, complained in the “Rheinische Post” (Saturday) that a family bonus for all families was not accurate enough. “It would be better to link the bonus to the granting of the child supplement,” said the CDU politician. Only children in need received the child supplement.
CSU and DGB want car purchase bonus
At its Internet party conference on Friday, the CSU called for investments and tax relief to boost the economy. For example, there should be purchase premiums for low-emission cars, travel vouchers for holidays in Germany, tax cuts for companies and citizens, and more money for road construction and the fast 5G mobile network.
Despite criticism, the German Trade Union Confederation also insists on a purchase premium for cars. It is “useful if it is open to technology and also applies to low-emission combustion engines,” said DGB board member Stefan Körzell of the “Neue Osnabrücker Zeitung”.