MEPs unanimously reject the 2027 draft budget
MPs unanimously rejected the 2027 draft budget, leading to its examination by the Senate, in a practice that has become common since 2024.
On Wednesday, November 4, the 458 voters of the National Assembly all rejected the draft state budget for 2027. The text had previously been very extensively revised compared to its initial version presented by the government. After deleting several key articles from the government text and adopting certain political markers, the deputies rejected its "revenue" part, leading to the rejection of the entire draft budget.
From November 20, the Senate will examine in its hemicycle the initial version of the finance bill. This targets a public deficit of 5% of GDP in 2027. Since the fall of 2024, the budget has regularly been rejected at first reading in the National Assembly.
On Wednesday evening, the entourage of the Prime Minister, Sébastien Lecornu, minimized the inaugural rejection of the deputies: “It is after the reading in the Senate that the time for compromise must take place”. “This is the classic scenario, since this is what has been happening for three budgetary years, since the fall of 2024, he recalled. A first reading is like a warm-up lap: everyone marks their red lines and wants to sharpen their political objectives. (...) This gives a fiscal copy which cannot be assumed.”
The draft Social Security budget was also rejected almost unanimously by deputies on October 23. It will be debated in the Senate from November 9 in its original version drafted by the government.
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- Journal du Net5 Nov, 11:26
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