Fekter: Enhanced “debt burden check” to Prevent Cost Explosion

Politics ♦ Published: August 23, 2012; 18:15 ♦ (Vindobona)

Fekter in favour of a law against financially onerous “election-year pork”.

Fekter: Enhanced “debt burden check” to Prevent Cost Explosion / Picture: © ÖVP Bundespartei / Jacob Glaser

Austrian Finance Minister Maria Fekter is in favour of a proposal requiring an enhanced debt burden check on all new legislative proposals.

The law already requires that new legislative proposals include a statement of what the new legislation will cost and of the expected costs over the longer term. Finance Minister Fekter envisages that this principle might be expanded on in…