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Braun-Pivet Backs 35–36 Billion in Savings as Lecornu Seeks Cross-Party Deal on 2026 Budget

The target marks a retreat from the 44 billion plan that contributed to François Bayrou’s fall.

Overview

  • Sébastien Lecornu scrapped the proposal to cut two public holidays and urged the Socialist Party to engage, saying LFI has excluded itself from talks.
  • National Assembly president Yaël Braun-Pivet rejected the PS-backed “taxe Zucman” on very large fortunes and ruled out reversing the pension reform, while opening to compromises on arduous work and women’s careers.
  • Medef president Patrick Martin threatened a “grande mobilisation patronale” if business taxes rise and denounced the Zucman levy as a drag on investment.
  • Trade unions are organizing a nationwide action on 18 September to oppose austerity plans, with CFDT and CGT leaders pressing for a fiscal shift during meetings at Matignon.
  • François Hollande warned that failure to secure a compromise, particularly with the Socialists, could leave dissolution as the only option, as the RN steps up calls for early elections.