The Left Party is proposing to spend SEK 7.3 billion in its spring budget motion to increase child benefits in 2026.
Left Party leader Nooshi Dadgostar points out how increased prices in recent years have eroded families' finances and warns of a new cost shock as a result of the war in the Middle East.
"We are in great need of increased child benefits. All other Nordic countries have increased them," she says.
The party also proposes increased housing allowances and housing supplements of SEK 2.4 billion.
“Languishing under”
"Rents have been raised three times as much this term as they were last term. Many tenants are now languishing under very, very high rents," says Dadgostar.
Another proposal in the spring budget motion is a government subsidy for public transport that will halve ticket prices. The "Sweden ticket" for using local and regional public transport will cost SEK 450 per month.
The Left Party says no to reduced fuel taxes, but instead proposes a compensatory subsidy for households with cars that will cost the treasury SEK 2.5 billion. The subsidy is income-related.
Want a bank tax
According to Ida Gabrielsson, the government's tax cut means "very little money for many people."
"We believe that it is better to give money to those who are hit hard by these cost shocks, low-income earners in sparsely populated areas, than to give it to those who are very well off and then no one really gets anything."
"We can't expect people to buy electric cars from day one," she says.
In total, the party's proposal in the spring budget motion amounts to just over SEK 15 billion. According to the Left Party, everything can be financed through a bank tax.
"The banks are making large excess profits; I think it could be covered completely. Otherwise, we have also reduced the square deductions in our budget, if that would not cover it," Gabrielsson says.
Facts: Major investments in V's spring budget motion 2026
Increased child benefit (June–December): SEK 7.3 billion
Extended housing allowance and housing supplement: SEK 2.4 billion
Reduced public transport fees: SEK 4.5 billion
Fuel compensation to households (May–July): SEK 2.5 billion
Investments in charging infrastructure: SEK 1.25 billion
Electric car premium: SEK 1.15 billion
