Two years after the outbreak of the Covid crisis, the Federal Council adopted its ideas in the message on the Financial Budget Act in March. He is asking Parliament to completely reduce the federal government’s corona-related debt by 2035 using future financing surpluses.
In the consultation, the state government had obtained opinions on another variant: namely that only half of the newly incurred debt would be reduced.
Less national bank funds
FK-N now also wants to take this path. With 18 votes to 7, she requested the corresponding change in the Financial Budget Act, as the parliamentary services announced on Wednesday.
According to the Federal Council, the Confederation’s share of the additional distributions from the Swiss National Bank (SNB) should also be used to reduce debt. This is currently CHF 1.3 billion per year. With 18 votes to 7, the National Council Commission refused to post the entire profit distribution of the SNB as extraordinary income.