Overview
- The right-led Senate voted 190–108 to reject suspending the Borne pension reform and also restored a 2026 freeze on pensions and social benefits, with protections maintained for pensions under about €1,400.
- With a cross‑chamber deal unlikely, officials expect the joint committee on the social security budget to fail, sending the text back to the National Assembly for a new reading next week.
- After the Assembly’s overwhelming rejection of the revenue bill (404 against, 1 for, 84 abstentions), Sébastien Lecornu plans Article 50.1 debates with non‑binding votes, starting with a defense strategy vote on December 10.
- The government says it is not considering Article 49.3 at this stage, and President Emmanuel Macron expressed “good hope” of a compromise in the coming weeks, as Lecornu insists a majority can still be found before year‑end.
- A socialist plan for a compulsory zero‑interest loan from roughly 20,000 wealthy households drew sharp criticism and was rejected by the finance minister, even as discussion of the idea surfaced during Senate budget debates.