After the budget vote in the Senate was approved, the Social Security budget was submitted on Wednesday evening to a joint committee, consisting of 7 deputies and 7 senators. As expected, the commission did not reach a conclusion quickly, following numerous differences of opinion between MPs from both chambers of Parliament, especially regarding the suspension of pension reform.
As a reminder, the Senate has reintroduced several measures removed in the Assembly such as the freeze of social benefits and pensions, the freeze of the general social contribution scale (CSG) and the tax on the commons. In contrast, senators rejected CSG’s increase in capital income that generated 2.8 billion euros for Social Security.
In the latter, the Senate’s copy reduced the Social Security deficit to 17.6 billion euros, compared with the deputies’ copy of more than 24 billion euros. However, it will be the latter party who will make the final decision since the text will be handed back to the Assembly for a second reading next Tuesday. However, the executive has threatened to double the reduction in medical costs and fixed contributions if the deficit exceeds more than 20 billion euros.
