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France’s 2026 Budget Stalls as Rapporteur Says Assembly Unlikely to Finish on Time

The government pursues off‑camera compromises with rivals under tight deadlines before the Senate takes over.

Overview

  • Budget rapporteur Philippe Juvin said it is highly probable the National Assembly will not complete votes on both revenues and spending, with a receipts vote still uncertain.
  • The Assembly pauses the finance bill to examine the Social Security budget this week, leaving little time before a November 23 Senate transmission and a likely December joint committee.
  • Prime Minister Sébastien Lecornu promotes a “strategy of small steps,” directing ministers to hold private talks with each group’s budget leads to shape a transitional text.
  • Economy Minister Roland Lescure decries several deputy‑passed tax measures as inapplicable “fiscal witchcraft,” warning against claims of €30 billion in effortless revenues and urging caution on changes to the Dutreil pact.
  • Public accounts minister Amélie de Montchalin says votes so far lift the tax burden to 45.1% of GDP, as deputies also backed an “unproductive wealth” levy against government advice and censure risk persists for the executive.