Owing to the strained budget situation, the President of the Federal Audit Office, Ansgar Heveling, is urging politicians to utilize his authority’s findings more strongly. According to the Audit Office’s calculations, simply eliminating ineffective or climate-damaging tax benefits would generate 17 billion euros annually, Heveling told the Rheinische Post.
“Given the budget situation, I can only urge the Bundestag and the members of parliament to use the insights that we have collected over the years. We are persistent,” the president stated. When asked whether this would truly create new financial leeway, he replied: “Definitely yes.”
A large budget volume, special assets, and extended debt financing require a particularly acute and careful review. The Federal Audit Office provides this review. “Ultimately, we point out where and how better management can be achieved.” Specifically, Heveling stressed that eliminating “demonstrably ineffective or climate-damaging tax benefits would free up a potential of 17 billion euros per year according to our calculations. That should be approached.” Furthermore, there is savings potential in every ministry.
