The Minister of Public Accounts, Amélie de Montchalin, urged, Sunday 23 November, in an LCI broadcast/Parisians to reach a compromise on the budget, which he said was still feasible, and warned against the prospect of a special law (containing only an update of the previous year’s budget) to ensure the continuity of public finances.
The minister said he believed it “possible compromise”specifically citing votes in favor of the revenue portion of the social security financing bill. “There is no alternative but to seek a budget other than parliamentary compromise and a vote”according to the minister, who rejected the possibility of using article 49.3 or regulations to adopt the budget text by emphasizing that the Prime Minister, Sébastien Lecornu, is against these two solutions.
I don’t know if the budget rejection occurred on the night from Friday to Saturday “a difficult stage and moment in building the compromise that the country needs”one of “This is a moment when political power, in part, comes out of cynicism (…) let themselves go by not taking responsibility in building a compromise”which would be a “weakening of France”said Amélie de Montchalin, worried about the risks “a financial and economic crisis that will be very serious”.
“We put ourselves in a position where we weaken ourselves”
An examination of the “revenue” section of the state budget by the Senate Finance Committee will begin on Monday. After the near-unanimous rejection of the text in the National Assembly, the hypothesis of a special financial law began to take shape. He was put on trial “most likely” by the president of the National Assembly’s finance committee, Eric Coquerel (LFI).
The special law contains a kind of update to the 2025 budget that allows for collection of existing taxes before resuming parliamentary debate at the start of the year. But it is “last resort parachute”Amélie de Montchalin estimates. He “a tool” to avoid “flaw” payments of the State and society, which makes it possible to continue paying creditors, civil servants, social policies, he underlines, but such a text is meaningless “no savings, no investment, we put ourselves in a position where we weaken ourselves”. Brandishing specific laws today is the same “to admit now that we are incapable of reaching an agreement” And “that we do not want to compromise”said the minister again.
