Overview
- The National Assembly rejected the revenue section 404–1 after 125 hours of debate, voiding amendments and sending the government’s initial bill to the Senate this week.
- Senior ministers maintain a deal is achievable and publicly rule out using article 49.3 or ordinances, with Amélie de Montchalin warning that failure could trigger a financial and economic crisis.
- Les Républicains, who control the Senate, say they will strip tax hikes added in the Assembly and push deeper savings, while party leader Bruno Retailleau favors a temporary special finance law reconducting the 2025 budget.
- The special finance law is now widely discussed as the near-term fallback to keep revenue collection and state payments going, though the government labels it a last‑resort, “service minimum” tool.
- Against a December 31 deadline and slim prospects for a cross‑chamber compromise on social security, Franceinfo reports the executive is preparing a potential late‑December window if a special law proves necessary.