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3h ago

PS Vows to Vote Against Bayrou in Confidence Test

Faure couples the rejection with a rival budget built on fewer cuts, including a 2% levy on fortunes over €100 million.

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Le premier secrétaire du PS Olivier Faure, le député LFI Éric Coquerel, la cheffe de file des députés RN Marine Le Pen et le patron de LR Bruno Retailleau.
Olivier Faure à Blois, le 29 août 2025.
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Overview

  • Olivier Faure said the PS decision is irrevocable and described today's visit to Matignon as a republican courtesy before Monday's vote.
  • The PS alternative targets €21.7 billion in savings versus the government's €43.8–€44 billion plan, aiming for a 5% deficit in 2026 and a return below 3% only in 2032.
  • The proposal includes a 2% 'taxe Zucman' on wealth above €100 million, which the PS says would apply to about 1,800 people in France.
  • Key figures from La France insoumise have rejected backing a PS-led government without strong guarantees, underscoring persistent fractures on the left.
  • The confidence vote is scheduled for September 8, with Bayrou's savings plan criticized across the spectrum and his defeat now a significant risk.