They had trouble getting it passed, not actually paying for it, they had the financial resources on a national level, just getting the Reichstag to pay for them was the problem
Sorry if that was unclear
okay, I see what you are saying now. But based on my readings from Holger H. Herwig's book 'Luxury Fleet', The Imperial German Navy 1888–1918 the German I was under the impression that Germany was facing a budget deficit which was one of the major reasons why the Reichstag was reluctant to pass the Novelle. The book was written back in 1980, so maybe it has out of date information.