""France finally has a budget," Lecornu wrote on X after the vote, hailing a "parliamentary compromise" which "curbs public spending" and "does not hike taxes for households and businesses"."
"The stalemate had pushed the prime minister last month to make an about-face on his pledge not to force the budget through parliament without a vote, a decision he called a "partial failure"."
"Speaking ahead of Monday's votes, Lecornu criticised what he called those who want to "reject everything", targeting the far-right National Rally and the hard-left France Unbowed who sought to bring his government down."
"The bill aims to cut France's deficit to five percent of gross domestic product (GDP) in 2026 from 5.4 percent in 2025, after the government eased back from an earlier target of 4.7 percent."
France adopted a 2026 government budget after months of fraught negotiations and a four-month political deadlock. Prime Minister Sébastien Lecornu forced the bill through parliament using Article 49.3 at several stages and survived multiple no-confidence motions from hard-left and far-right parties. Concessions to the Socialists secured crucial backing for final approval. The budget aims to reduce the deficit to 5 percent of GDP in 2026 from 5.4 percent in 2025, backing away from an earlier 4.7 percent target, and includes higher taxes on some businesses expected to raise about 7.3 billion euros.
Read at The Local France
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