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Switzerland’s Budget Cuts: Public Opinion Divided Over Austerity Measures

Switzerland’s Federal Council plans to reduce the budget by around four billion Swiss francs over the coming years. Proposed cuts include federal contributions to childcare, integration assistance for refugees, and climate subsidies. A recent survey indicates that 48% of the Swiss population opposes these austerity measures, while 45% supports them, with attitudes varying significantly among party supporters. The majority prefer addressing the deficit through increased revenue rather than purely cuts, calling for options such as a financial transaction tax and retaining tax advantages for retirement provisions.

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