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French MPs Reject ‘Année Blanche’ Spending Freeze in Budget Talks

Cross-party critics warn the proposal risks recession, burdening the most vulnerable.

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Eric Coquerel le 9 janvier 2025, à Paris

Overview

  • The government is weighing a one-year freeze on pensions, social benefits and income tax brackets to contribute to its €40 billion savings plan for the 2026 budget.
  • An analysis by the Institut des politiques publiques projects the freeze would generate about €5.7 billion but risk triggering recessionary pressures.
  • LFI MP Éric Coquerel denounced the freeze as “a very bad solution” and urged raising taxes on the wealthy and large corporations, including through a Zucman levy and a climate-focused net worth tax.
  • Les Républicains vice-president François-Xavier Bellamy called the measure “the inverse of the right strategy” and advocated cutting social outlays such as the RSA and unemployment benefits instead.
  • RN vice-president Sébastien Chenu criticized the plan as marginal tweaks and demanded a broader overhaul of state agencies, immigration policy and France’s EU contributions.