Public debt alert Taxpayers – STERN

The debt of the federal, state and local authorities have risen again in the first quarter. Government debt is put in the same quarter a total of 1.0 percent to 2.06 trillion euros to how the Federal Statistical Office in Wiesbaden announced on Friday on the basis of preliminary figures. The Association of Taxpayers (BdSt) spoke of an “alarm signal” and put his all-German debt clock in Berlin on the new stand. BdSt president Reiner Holznagel criticized in Berlin that the deficits would also amassed “in a very non-transparent way”. “Because in the myriad government shadows households more than 300 billion euros of debt are hidden.”

a particularly sharp rise recorded according to the statistics the extra budgets the Bundes – with 10.1 billion euros (5,2 per cent) 202 billion euros. This was mainly due the FMS Wertmanagement. The bad bank was established to allow the real estate bank Hypo Real Estate after the financial crisis a reboot.

The federal debt increased in total within a year by 0.8 percent to 1.29 trillion euros. The states were the end of March with 624 billion euros in debt, an increase of 0.7 percent. There were big differences: In Saxony and Baden-Württemberg as the debt declined significantly. In Hesse, Saxony-Anhalt and Bremen they went about it.

The municipalities appealed their debt by 4.8 percent to 144.9 billion euros. The highest percentage increases were registered in the municipalities in Baden-Württemberg (15.1 percent) and in Schlewsig-Holstein (9.6 percent). In Thuringia (minus 2.7 percent) and in Saxony-Anhalt (minus 0.1 percent) of the debt was, however lower than in the same quarter last year.

“The government must immediately stop public debt in special funds, funds to move and extra budgets “demanded Holznagel. “It is right and constitutionally commanded to make the core budgets of debt -. But not by debt are just outsourced” Taxpayers also adhered to the debt in the shadow budgets. “Therefore, the debt, the policy must on the one hand to explain openly and on the other hand reduce resolutely!”