For any government, the first budget remains a founding political act. More significant than any general policy declaration, the finance and Social Security financing bills for the year 2025 set out the priorities of Michel Barnier and his government. In his copy adopted by the Council of Ministers, Thursday October 10, the Prime Minister confirms, in the name of budgetary rigor, his desire to save 60 billion euros from 2025 (40 billion euros in spending reductions and 20 billion tax increases).
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A recovery of public finances to contain the slippage of the public deficit 6.1% of GDP in 2024 “absolutely considerable and unprecedented”, in the words of the first president of the Court of Auditors, Pierre Moscovici, heard Thursday by the Finance Committee of the Assembly. “In the budgetary debate, we will have to point out everyone’s responsibilities, proclaims the deputy (National Rally, RN) of the Somme Matthias Renault. It would be too easy for Barnier to do the dirty work and take all the political responsibility for this disaster caused by previous governments. »
The former European Commissioner first suffered the consequences of his late appointment to Matignon, three months after the failed dissolution of Emmanuel Macron. “Never has a prime minister had to create a budget for France in a period of two weeks. It’s impossible to do everything well in such a short time.”he justified himself on Thursday during a trip to Vienna.
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The 2025 budget should have been deposited on the desk of the Assembly on 1is october. “The budget will be debated in very poor conditions due to this extremely delayed schedule, with additional amendments from the government that we will not have had time to assess”sighs the environmentalist deputy for Haute-Garonne Christine Arrighi. From now on, the National Assembly then the Senate and the Constitutional Council must decide on the budget within a constitutional deadline of seventy days.
Premier test crucial
The first part of the finance bill (PLF), devoted to revenue, will thus be examined from Wednesday October 16 by the deputies of the Finance Committee of the Assembly. A crucial first test for the executive. In the maneuver, the president of the finance committee, the “rebellious” Eric Coquerel, and the general rapporteur of the budget, the centrist Charles de Courson, seek to demonstrate that the deputies can adopt a majority budget against the opinion of the government.
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