Overview

• Senate finance committee president Claude Raynal warns the 2026 budget is unlikely to be adopted on time, citing Article 47’s 70‑day parliamentary review plus eight days for constitutional review.
• With the effective cutoff around October 13, a presentation on October 14 would make year‑end promulgation highly improbable, raising the risk the state cannot legally levy taxes or commit spending on January 1.
• The note outlines fallbacks such as voting only the first part of the finance bill to authorize tax collection, passing a special law under the LOLF, resorting to ordonnances if deadlines lapse, or operating under monthly ‘services votés’.
• Raynal cautions that any dissolution of the National Assembly would compress the calendar further, likely limiting action to revenue measures or a narrowly scoped special law, with a December 19 cutoff cited for such a filing.
• Le Parisien reports Sébastien Lecornu has formed a new cabinet and plans to present the budget at a Tuesday council of ministers, as opposition forces prepare censure motions that could complicate passage.