Moderates warn of budget chaos if red-greens win election

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Moderates warn of budget chaos if red-greens win election
Photo: Lars Schröder/TT

Regardless of whether the Tidö parties or the red-greens win a majority in the parliamentary elections, government negotiations await. And they are taking place under time pressure.

Finance Minister Elisabeth Svantesson (M) points out that she has a budget proposal that the Tidö parties can quickly begin negotiating if they win the election.

"There is a risk of chaos with the other four parties, who have not talked to each other at all," she says.

Time difference

But even the Tidö parties have made many different and expensive campaign promises, and many will have to be prioritised. The parties also do not agree on how they should be financed.

Among other things, the Moderates want to cut aid, which KD opposes, and unemployment insurance, which SD opposes.

Negotiations are always difficult, but the difference is that we know each other and we have continued in the same direction to make Sweden safer, stronger and richer, says Svantesson.

According to the Ministry of Finance, there is only fiscal room of 50 billion kronor for the entire next term of office for new reforms. Election promises beyond that must be financed, for example, through savings. Both SD and KD have pointed out that the scope for reform could be greater. Svantesson, however, claims that they do not disagree at all.

She does not want to reveal what Svantesson's budget proposal to the other Tidö parties contains. However, she points out that SD prioritizes cheaper dental care, KD investments in healthcare and L investments in schools. M wants to prioritize family finances and reforms for increased economic growth.

There is a way

The Moderates do not rule out that the Tidö parties could get certain budget proposals passed this fall, even if the red-greens were to win the election.

If the red-greens do not have time to form a government and present a budget by November 12, the transitional government will present a budget bill without its own new political proposals.

But there are other ways, Svantesson points out.

If it is an uncertain situation, then the Riksdag can take that puck, says Svantesson (M).

She refers to the fact that the Tidö parties in the Riksdag can propose changes to the budget bill presented by the transitional government.

"Of course, that's how we did it before. That's how we did it in 2014 and 2018," says Svantesson.

However, to get such a motion through in that situation, it is necessary that the red-greens do not join forces and stop it.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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