Future package
The future package refers to the austerity package of the black and yellow federal government from June 2010. It was essentially implemented by the so-called budget accompanying law, which was passed by the Bundestag and Bundesrat in November 2010, and is set to run for four years (2011-14). The future package provides for savings in the social area, but also additional burdens on the economy.
In the social area, the so-called bridging allowance for the transition from unemployment benefit I to unemployment benefit II was canceled in 2011 . The parental allowance for unemployment benefit II recipients will no longer be paid for the 2011th The percentage of this wage replacement benefit has been reduced overall and it has been completely abolished for top earners. In addition, the federal government no longer pays pension insurance contributions for unemployment benefit II recipients . The heating cost allowance for housing benefit recipients was discontinued in 2011 without replacement.
The burdens on the economy that are partially or fully passed on to end consumers include the bank tax ( from 2012), reductions in the exemptions from the eco tax (since 2011), a fuel element tax (since 2011), an aviation tax (since 2011) and the Gradual increase in tobacco tax (since May 2011). The future package is intended to be an important step towards complying with the structural deficit targets of the debt brake , which will apply in full from 2016 .
The future package is described by the media as "the largest austerity package in German history".
Individual evidence
- ↑ The federal and state governments have agreed on a debt brake in the Basic Law. According to this, the federal government will have to reduce its structural deficit from around 70 billion euros to ten billion euros by 2016. Starting with the 2011 federal budget, the federal government will save over 80 billion euros over the next four years. SPIEGEL Online from June 7, 2010