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France’s 2026 Budget Talks Stall as Vote Slips and Deadline Looms

A left-wing boycott of RN-inclusive talks leaves the government weighing exceptional procedures.

Overview

  • After eight days of debate, the National Assembly’s revenue bill remains stuck and a vote is no longer expected on the initial timetable.
  • Left parties skipped a government negotiation meeting because the RN was invited, hardening divisions and reducing prospects for a majority.
  • More than 2,000 amendments are still to be examined as the Assembly pauses for the Social Security financing bill and is scheduled to resume budget talks through November 12–23.
  • Public Accounts Minister Amélie de Montchalin says the deficit stands at 4.7% of GDP, while MPs have adopted headline-grabbing changes such as an RN-backed ‘exit tax’ that may not survive the legislative process.
  • Cour des comptes chief Pierre Moscovici warns the Social Security deficit has reached about €23 billion, and if no agreement is reached by the November 23 deadline the government could turn to ordinances or a special law.