German Cabinet Submits Record €503B Budget

German Cabinet Submits Record €503B Budget
Above: Federal Chancellor Friedrich Merz and Federal Minister of Finance Lars Klingbeil on June 24, 2025. Image copyright: Kay Nietfeld/picture alliance/Getty Images

The Spin

Pro-government narrative

This budget represents an essential investment in Germany's military and economic competitiveness. Record defense spending addresses real threats from Russian aggression, while massive infrastructure investments will modernize aging systems and boost economic growth. At a time when standing still costs more than action, Germany is seizing the moment and securing its future.

Opposition narrative

Germany's budget betrays fiscal sensibility. Reaching 5% of the GDP on the military, a vast sum of the budget diverts funds from healthcare, transportation, and social services. This debt-fueled militarization enriches arms firms while Germans face crumbling infrastructure and underfunded programs. Proper security requires investing in citizens' well-being, not endless weapons.

Metaculus Prediction


Public Figures

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