Germany’s budget committee approves 2027 spending plan
The Bundestag committee agreed to €560.9 billion (about $622.4 billion) in core spending and plans for just over €210 billion (about $233 billion) in combined new borrowing, sending the proposal toward a final parliamentary vote.
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Germany’s Bundestag budget committee approved the proposed 2027 federal budget early on 13 November, after more than 15 hours of deliberations. The agreement is not final passage: the full parliament must still vote on the plan.
Core spending would rise to €560.9 billion (about $622.4 billion) from €524.5 billion (about $582 billion) in the preceding budget. Tax revenue is forecast to rise slightly to €396.2 billion (about $439.6 billion), DW said. The budget determines how much individual ministries may spend and which projects receive funding.
Borrowing across the budget and special funds
The combined borrowing proposal totals just over €210 billion (about $233 billion) across the core budget and two special funds, DW said. The total would be the second-highest in postwar German history, behind €215.4 billion (about $239 billion) in 2021, during the COVID pandemic.
| Budget or fund | Amount |
|---|---|
| Core budget | Almost €123 billion (about $136.5 billion) |
| Infrastructure and climate-neutrality special fund | €57.8 billion (about $64.1 billion) |
| Military-modernization special fund | €29.6 billion (about $32.8 billion) |
The proposed core borrowing is about €4 billion (about $4.4 billion) higher than in the government’s initial draft.
What comes next
The Bundestag is scheduled to hold its final vote during the sitting week of 24–27 November 2026. A general electricity-tax reduction could still be added during budget week, but the governing coalition has not found financing for it.
Chancellor Friedrich Merz is pushing for the reduction. The coalition committee is expected to discuss it on Tuesday.
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