Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-05-12-Speech-4-123"
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"en.20050512.14.4-123"2
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"For 2007-2013, the European Commission proposes approximately EUR 1 000 billion in appropriations for seven years, that is, commitment appropriations to the tune of 1.24% of Europe’s GDP.
In terms of European budgetary expenditure from 2007 to 2013, our committee entered into a simple accounting debate about whether, over seven years, EUR 1 022 billion was to be expended, as desired by the European Commission, EUR 987 billion, as proposed by our rapporteur or EUR 977 billion, as desired by those countries that are the biggest contributors. Instead of losing EUR 3 billion each year, France may lose EUR 5 billion or even EUR 7 billion.
At USD 2 500 billion per year, the United States’s annual budget is 20 times greater than Europe’s. That says it all: Europe, with its global agenda and minuscule budget.
Seeing this, everyone appreciates that this distortion will be untenable. As from 2014, two issues will arise: the explosion in the European budget and the advent of taxation. These are the two areas on which our committee’s resolution is silent, leaving the taxpaying electorate to vote on the European Constitution while remaining oblivious to the budget."@en1
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