German Lawmakers Vote on Landmark Spending Bill: What to Watch

German lawmakers will vote on a bill Tuesday that would unlock hundreds of billions of euros in debt-financed defense and infrastructure spending and herald a pivot toward a substantially more expansive fiscal policy in Europe’s biggest economy.

Conservative Chancellor-in-waiting Friedrich Merz and the Social Democrats last week sealed an agreement with the Greens that should secure the two-thirds majority needed for the law to pass the lower house of parliament, or Bundestag, barring any last-minute surprises.