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Secret 2024 Le Maire Letter to Macron on Revenue Collapse Fuels Political Uproar

The memo urged a corrective budget with €15 billion in savings to safeguard France’s standing in Europe.

Overview

  • France 5’s C dans l’air published the 6 April 2024 letter marked “secret,” in which Bruno Le Maire warned of plunging tax receipts and pressed for a rectifying finance bill plus €15 billion in immediate savings to cap the 2024 deficit at 4.9%.
  • The recommended measures were not enacted and the 2024 deficit ultimately reached 5.8% of GDP, with interviews in the documentary citing a €42 billion revenue shortfall versus initial forecasts.
  • On the program, Le Maire acknowledged major forecasting errors, saying “we got revenues wrong, big time,” while maintaining he had repeatedly alerted the presidency and cabinet.
  • Opposition figures intensified their criticism, with LFI’s Éric Coquerel calling the episode an “omission d’État” and Marine Le Pen accusing the executive of organized deception and budget insincerity.
  • Current economy minister Roland Lescure said he had not known of the letter before its disclosure, as government spokeswoman Maud Bréjon defended 2024 actions by citing a €10 billion spending freeze.