Overview
- The National Assembly voted 458 to 0 on Wednesday, November 4 to reject the 'recettes' (P1) part of the 2027 budget, which under parliamentary rules cancels the whole text in that chamber.
- Deputies had heavily rewritten the government’s draft during two weeks of debate by adopting a string of opposition amendments that changed the bill’s fiscal and policy balance.
- One high‑profile change adopted in the Assembly removed a tax exemption for offshore wind installations after votes from the Rassemblement national and Les Républicains.
- The government’s original plan, presented by Sébastien Lecornu, foresees a roughly €54 billion fiscal effort and a public deficit near 5% of GDP for 2027, figures that remain the central point of contention.
- Because the P1 vote failed, the Senate will examine the government’s unamended PLF beginning on 20 November and negotiations between the two chambers will determine any final compromises.