Germany approves massive spending package to boost defense – The Washington Post

«Under the plan approved by the Bundestag, defense spending above 1 percent of gross domestic product would be exempted from Germany’s constitutionally enshrined debt brake. Proponents of the brake, which limits the structural budget deficit to 0.35 percent of GDP except in emergencies, cherish it as a pillar of Germany’s signature fiscal responsibility. Critics call it a fiscal straitjacket.»

https://wapo.st/41JvTlu (gift)

This seems like a big deal.

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