The EU budget is laughably small: about 160 billion Euros. Compare that to the US Federal budget of 4.1 trillion dollars. The overall size of the two economies

The EU budget is laughably small: about 160 billion Euros. Compare that to the US Federal budget of 4.1 trillion dollars. The overall size of the two economies is similar. Outside of the agricultural sector, the EU budget doesn't play that big a role. The main point of the EU is to facilitate the common market by setting common rules (business regulations, right of movement of people and goods, and so on) for the member states to follow. 1. https://europa.eu/european-union/about-eu/eu-budget/expenditure_en https://europa.eu/european-union/about-eu/eu-budget/expendit... 2. https://upload.wikimedia.org/wikipedia/commons/2/2b/2018_Federal_Budget_Infographic.png https://upload.wikimedia.org/wikipedia/commons/2/2b/2018_Fed...