Overview
- The prime minister says he is ready to pursue a strategy of incremental compromises to secure a 2026 transition budget without an absolute majority.
- Ministers have been tasked with meeting each party’s budget leads out of the spotlight to set shared principles, prioritizing spending before revenues.
- Debates resume Monday, November 3, with the revenue section in the morning, then shift Tuesday to the social security budget, with the second reading billed as the moment of truth.
- The Assembly’s fractures were laid bare as deputies rejected the so-called Zucman tax and, in a cross-party vote, backed a MoDem proposal for a tax on unproductive wealth against the government’s position.
- Lecornu acknowledges the real risk of a censure vote, as the government signals potential moves on hospital funding and pensions and floats a possible CSG increase on wealth.