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4w ago

2026 Budget Back in Assembly as Government Signals 49.3 Option

Focus shifts to a non‑censure compromise to keep the deficit below 5% following a four‑hour Bercy negotiation.

À l’Assemblée nationale, lors du vote du 12 novembre 2025 sur le budget.
Le premier ministre Sébastien Lecornu, et le premier secrétaire du Parti socialiste Olivier Faure, lors d’un débat parlementaire sur le budget, à l’Assemblée nationale, le 31 octobre 2025.
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Les députés reprennent les discussions sur le projet de loi de finances 2026 sur la base de la copie modifiée par le Sénat à la fin de l’année dernière.

Overview

  • The finance committee opens a new reading from Thursday to Saturday, with a full‑chamber debate set for January 13–23, while the state still operates under a temporary special law.
  • Bercy aims to bring the 2026 deficit under 5% of GDP from roughly 5.4% in 2025, with about €10–15 billion still to identify to reach the target.
  • Public accounts minister Amélie de Montchalin says no method is excluded to deliver a budget by the end of January, with use of article 49.3 widely discussed if no majority forms.
  • The Socialist Party says it will not vote for the budget and contemplates abstention; LFI and RN were not invited to talks, and Greens and Communists declined to attend.
  • Talks weigh reinstating a surtax on large corporate profits as a potential compromise, while LR advances deeper spending cuts and rival tax choices as more than 2,000 amendments await.