Overview
- Prime Minister Sébastien Lecornu said a rectifying letter adding the suspension of the 2023 pension reform to the PLFSS was sent to the Conseil d’État and will be adopted in the Council of Ministers on Thursday.
- The suspension the government plans to embed covers both the higher legal retirement age and the increased contribution period, with debates to proceed in Parliament under the standard process.
- The finance committee reshaped the state budget’s revenue side by partially indexing the first income-tax bracket, prolonging the high‑income contribution until the deficit falls below 3% of GDP, restoring the exit tax, and keeping the 10% abatement for pensioners while reworking holdings taxation.
- The proposed Zucman wealth tax was rejected in committee by government allies and the RN but is slated for a new round of debate in the full chamber starting Friday, where deliberations restart from the government’s original text.
- Governing without a majority, the executive has vowed not to use 49.3, leaving the possibility of ordinances if constitutional deadlines expire, as the PS warns it could move to censure and the PLFSS targets €7 billion in health savings with spending growth capped at 1.6% to narrow the Sécu deficit to €17.5 billion in 2026.