Budget 2027: the revenue vote slips again, 49.3 already on the table
The 2027 budget revenue vote scheduled for November 3 is postponed. Juvin claims a 49.3: what Lecornu would keep, stablecoins tax included. The article Budget 2027: the revenue vote slips again, 49.3 already on the…
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LCP announced it during the night, at 12:03 a.m. The revenue marathon is not over, so no formal vote this afternoon. No new date has been set, and the official agenda of the Assembly still showed the vote on Tuesday morning at 3 p.m.
Same scenario as October 20, when a first postponement had already postponed the deadline to November 3. Sébastien Chenu, who chaired the session on Monday, was counting on an end “Wednesday evening” if the pace continues.
More than 3,000 amendments were tabled and 1,943 had been considered by the morning of November 2. As of October 30, 322 amendments had already been adopted during 415 public votes, often against the advice of the government.
Juvin had warned on October 9, the evening when the finance committee rejected the revenue part by 31 votes to 3. Only the Ensemble pour la République group voted in favor. The rapporteur already quantified the drift in the committee's votes at around 10 billion euros of additional deficit.
On Franceinfo on Sunday November 1, he hit the nail on the head: “There will be a vote which will probably be negative. The budget will be rejected by Parliament. » Then he drew the conclusion by demanding to “go to a 49.3, I’ve been saying that since August”.
Article 49 paragraph 3 of the Constitution allows the Prime Minister to hold his government accountable for a text. This text is then considered adopted without a vote, unless a motion of censure passes. And above all, the government holds the pen. He can reinstate his deleted articles, keep certain amendments voted on and delete others, without justifying himself to the hemicycle.
Hence the fragility of the votes over these three weeks. The tax on conversions into stablecoins, adopted on October 16 by 38 votes to 37, is only due to Bercy's desire to keep it. The gigabyte tax of 5.5 cents, passed 11 votes to 10 thanks to two erroneous rebellious votes, has every chance of disappearing since the government is opposed to it.
In the other direction, the plan on the tax reduction for retirees, deleted on October 15 by 116 votes to 30, could return to the official copy with its 1.4 billion euros in yield. The same goes for the surcharge on large businesses (5 billion euros), swept aside on October 27 by 79 votes to 77. The overtime exemption ceiling increased to 15,000 euros and the fuel bonus extended to 2027 would depend on the same arbitration.
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- Journal du Coin3 Nov, 12:30
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