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Government Drops Franchise Hike, Secures Slimmed-Down Capital CSG as Assembly Faces Pivotal Revenue Vote

A no vote today would sink the bill, risking a near €30 billion deficit according to the government.

Overview

  • Deputies approved a government amendment for a narrower rise in CSG on capital, excluding assurance‑vie, rental income, PEL and real‑estate gains, for an estimated yield of about €1.5 billion versus €2.8 billion initially.
  • The public accounts minister said the planned doubling of medical franchises is no longer in the 2026 projections, and the government’s spokesperson pledged there will be no increase by decree.
  • Officials signaled a possible adjustment of the health‑insurance spending target (ONDAM) to roughly +2.5% after earlier planning around +2%.
  • The Assembly votes today on the revenue section of the social security financing bill, a decision that would determine whether the entire text proceeds or falls before the 9 December final vote.
  • Prime Minister Sébastien Lecornu circulated an analysis warning the deficit could reach €29–30 billion without the law, as support from Horizons and parts of the right remains uncertain and 49.3 has been ruled out.