Budget Day: Gov't Scrapping Most Benefit Cuts, Pushing €1.5 Bil. Into Purchasing Power
4 Articles
4 Articles
The cabinet is largely reversing the planned cuts to social security, and the healthcare deductible will not increase until a year later. This is stated in the agreement regarding the budget reached yesterday by the coalition parties and the cabinet, insiders confirm following reports by RTL Nieuws. 1.5 billion euros are being allocated to restore purchasing power. At the same time, taxes for high incomes will increase by 750 million euros. Aft…
Budget Day: Gov't scrapping most benefit cuts, pushing €1.5 bil. into purchasing power
tubantia.nl
Het ParoolA day after the difficult agreement between coalition partners D66, VVD, and CDA, part of their arrangements have been leaked. The parties want to postpone the planned increase in the deductible, purchasing power will receive a boost, and—important for the negotiations with the opposition—the cuts to social security will be partially scrapped or postponed. Sources in The Hague confirm this following reporting by RTL Nieuws.
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