business

They notably scrapped several savings measures planned by the executive, including the tax allowance for retirees

This one aims for a public deficit of 5% of GDP in 2027, versus 5.4% expected this year, at the cost of around 43 billion euros in savings.

assemblée, le sénat, retour, sénat, rassemblement, budget, nationale, unanimité

Key facts

  • This aims for a public deficit of 5% of GDP in 2027, against 5.4% expected this year, at the cost of about 43 billion euros in savings.
  • They notably scrapped several savings measures planned by the executive, including the allowance for retirees, provisions targeting local authorities…
  • To get the budget through, the executive can count on a non-censure by the RN or the Socialist Party, or resort to a never-used procedure that would…

This aims for a public deficit of 5% of GDP in 2027, against 5.4% expected this year, at the cost of about 43 billion euros in savings.

They notably scrapped several savings measures planned by the executive, including the allowance for retirees, provisions targeting local authorities and the surtax on the profits of large companies.

To get the budget through, the executive can count on a non-censure by the RN or the Socialist Party, or resort to a never-used procedure that would limit its freedom to amend the text.

MPs had very extensively amended the government's draft over about ten days of sometimes disjointed debates, in a chamber that was often deserted.

Two abstentions were recorded within the Communist and overseas group; all other groups voted against.

The Senate now takes up the text as it was tabled.

The bill therefore returns to the Senate in its original version.

This vote carries the entire text, without floor examination of the"spending"section, already rejected in committee.

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