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4h ago

Bayrou Sets Sept. 8 Confidence Vote, Offers Concessions to Rescue €44 Billion Budget

The push follows weeks of backlash to a budget that would cut holidays and freeze pension indexation.

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Overview

  • The prime minister tied his government's survival to passage of the 2026 plan and scheduled a National Assembly vote for 8 September.
  • He appealed to Socialists, opened talks with unions and proposed higher taxes on top earners as he sought to broaden support.
  • Les Républicains signaled they will back the government, while Rassemblement National, a FFrance Insoumise, Greens and Socialists have said they will vote against.
  • The draft targets about €44 billion in savings, including abolishing two public holidays and holding back pension and tax-bracket indexation.
  • Defeat would trigger the government's resignation and leave President Emmanuel Macron to appoint a new prime minister or call early elections, as LFI readies a 23 September motion to remove him if the crisis escalates.