At the Congress of Deputies

· The Community of Madrid would have a budget margin of 1.226 billion of the expenditure ceiling to devote to public resources

The cancellation of the debt by the State that will be voted on tomorrow in the Congress of Deputies reaches 8,644 million euros in the case of the Community of Madrid, the second highest figure of all the autonomous communities.

This will allow the Community of Madrid a saving in the payment of interest, which will mean freeing up resources to devote to the welfare state for services such as Health or Education.

In total, the rule, which faces the debate of totality in Congress, will allow the State to assume 83,252 million euros of debt of the autonomous communities of common system, regardless of whether or not they have debt of the FLA, which will benefit all territories by reducing their liabilities, saving in the payment of interest and gaining financial autonomy.

The methodology for the calculation of the condonation responds to objective, transparent, technical and equal criteria for all communities.

Historical expenditure ceiling

The Congress will also vote this Thursday, again, that the Community of Madrid has a budget margin of 1.226 billion, thanks to the possibility of incurring the deficit of 0.1%.

At the national level, this means that the Autonomous Communities have 5,849 million euros in their spending capacity that they can use to finance public services. It is the largest spending ceiling in history to shield the welfare state.