The government has outlined how it will raise additional revenue and cut spending.
Tax will be raised on those who take cash out of their 2nd and 3rd pillar pension funds. However, smaller savers will not be penalized too heavily, it promises.
It will also cut funding to the cantons for housing asylum seekers of almost a billion francs.
Climate policy will also be hit – the budget will be cut by CHF 380 million. A similar amount will be saved by cutting the costs of federal administration, mainly by shedding staff.
Rail and road funding will be reduced by CHF 400 million and CHF 100 million will go from the international aid budget.
Some will affect Geneva directly. A CHF 17million subsidy for police operations at the airport will be cut. The canton will have to pick that up.
And a million will go from the specialised diplomatic protection unit.
Also, it confirmed the million-franc grant to the Red Cross Museum will be cut. The museum says it may have to close.
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