to be approved by the parliament, 1 they reflect the country's, fiscal policy. The biggest part,.1 went to social welfare, followed.1 that was spent for financial and tax purposes. In fiscal year 2015, the federal budget.8 trillion. It also includes widely used safety net programs like the Supplemental Nutrition Assistance Program (snap, formerly food stamps and a significant amount of federal spending on transportation, among other things. It then sets criteria for determining who is eligible to receive benefits from the program, and benefit levels for people who are eligible. 8 Federal Council (1999),. . 10 Out of these goals the federal council has forged a list of budgetary principles including the principles of transparency, efficiency oriented investment, market freedom, public-private partnership, fair taxation, preferability of indirect taxes, balanced expenditures and more. The Swiss Debt Brake: How it Works and What Can Go Wrong., in: Schweizerische Zeitschrift für Volkswirtschaft und Statistik, Vol. Neuer Finanzausgleich which regulate financial payments from the federal government to the cantons and municipalities as well as from the fiscally more to the fiscally less potent cantons. For this purpose a market oriented economy is the most efficient way of allocation.
United States federal budget - Wikipedia
Therefore, the government shall strive to save resources in economically strong times, but stimulate the economy through investments in times of downturns. This pie chart shows how Congress allocated.11 trillion in discretionary spending in fiscal year 2015. All Federal Spending, finally, putting together discretionary spending, mandatory spending, and interest on the debt, you can see how the total federal budget is divided into different categories of spending. Gross Domestic Product, or GDP). The only exception to this rule are extraordinary spendings that have to be approved by both chambers of parliament. 20 a b "Statistik Schweiz - Kennzahlen in des BIP".