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It is also pointed out that Germany's national debt is vastly smaller than the UK's as a share of national income.

“The country is going bankrupt,” he said, referring to the growing national debt.

Pistorius told German TV that removing defence from national debt rules was not about armaments as much as "the security of our country - nothing more, nothing less".

Obernolte, the statement continued, “maintains that our $36 trillion national debt is an existential threat to our nation and he supports efforts to root out waste, fraud, and abuse of taxpayer dollars.”

More borrowing means higher interest costs on the national debt, which are already skyrocketing and projected to soon exceed $1 trillion per year.