Exploiting the debt brake is currently “a great danger,” said outgoing finance minister Ueli Maurer. And it was wrong, Maurer said in an interview with the “Neue Zürcher Zeitung”.
If the Bundesrat or parliament wants to decide on additional spending, they must have the courage to ask for a tax increase. However, this requires a constitutional amendment. And nobody wants that. Then you would quickly get the receipt.
location is “shit”
With the 2023 budget, Switzerland is just below the debt brake. But from 2024, things look very bad. “Without the payments from the National Bank, we will miss out on debt braking requirements by 2 to 4 billion francs per year,” said Maurer.
The situation is “shit”. The Minister of Finance compares the reasons for the rapid imbalance to intoxication. Switzerland has consumed too much in the past 15 years. Now the hangover is coming.
But parliament doesn’t care. It was not impressed at all and decided to spend even more en masse. Maurer mentioned, for example, the army budget, the reduction in premiums and the increasing expenditure of the AHV. It just doesn’t work anymore. (SDA)