Particle.news
Download on the App Store

French Assembly Narrowly Backs Social-Security Revenues, Sets Up Final Vote Tuesday

A reduced capital‑income CSG compromise kept the bill alive for a make‑or‑break vote next week.

Overview

  • The revenues section passed 166–140 with 32 abstentions after low turnout, backed by Renaissance, MoDem, PS and Liot, opposed by RN, LFI, UDR and most Greens, with LR and Horizons largely abstaining.
  • To secure votes, the government reintroduced a lighter capital‑income CSG worth about €1.5bn instead of €2.8bn and dropped plans to raise medical co‑pays, while indicating a potential increase in the health‑spending target.
  • Lecornu ruled out using Article 49.3 and warned of a €29–30bn gap without a law; after initial spending votes, the government pegged the working deficit near €22.5bn excluding state transfers.
  • Moving to expenditures, deputies rejected a freeze on pensions and social minima and restored the suspension of the 2023 pensions reform, which the Senate had removed.
  • A solemn vote on the full bill is slated for Tuesday, with passage uncertain given internal abstentions, Friday’s absences and the likelihood of stronger opposition turnout.