The German parliament's budget committee has signed off on the budget presented by Finance Minister Lars Klingbeil (SPD). The exploding cost of Germany's welfare system is putting pressure on the state coffers — along with the billions of euros needed to rearm the Bundeswehr and continue support for Ukraine in its war of self defense against Russia . The new borrowing of some 180 billion euros is the second-highest in the country's history — beaten only during the COVID-19 pandemic. It will be

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