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France’s Social Security Budget Faces Uncertain Assembly Vote Tuesday

Ministers warn a rejection could push the 2026 Social Security gap toward €30 billion.

Overview

  • The National Assembly votes Tuesday on the spending section and then the full 2026 Social Security financing bill after adopting the revenue side on Friday.
  • Socialist leader Olivier Faure urged his deputies to back the compromise, highlighting gains including the suspension of the pension reform and signaling a government amendment to lift the health insurance spending target.
  • Les Républicains chief Bruno Retailleau told his MPs to abstain or vote against, Horizons has said it will not support the text in its current form, and former prime minister Michel Barnier said he will abstain.
  • The Rassemblement National plans to vote against and some of its figures argue the prime minister should resign if the bill fails, a scenario the government spokesperson said “would not make sense.”
  • Officials stress they have not used article 49.3 during more than 120 hours of debate and argue defeat would scrap planned savings and revenues, widening the deficit from roughly €23 billion in 2025 to about €30 billion next year.