French Lawmakers Reach Budget Deal, Government Faces Censure Risk
After intense negotiations, a 2025 budget compromise was reached, but its survival hinges on upcoming votes in Parliament.
- A joint commission of deputies and senators approved the 2025 budget proposal by eight votes to six after 14 hours of negotiation.
- Key measures include temporary taxes on high earners and large corporations, with cuts across several ministries to reduce the deficit to 5.4% of GDP.
- The budget maintains 4,000 teaching positions but reallocates funds within the education budget to achieve this.
- The government plans to use Article 49.3 of the Constitution to bypass a parliamentary vote, but opposition parties, including France Insoumise, have announced plans to file a motion of censure.
- The Socialist Party remains undecided on supporting the censure motion, weighing concessions like preserving aid programs and teacher positions against broader budget cuts.