negotiations continue at Matignon, where François Bayrou is working on its composition

negotiations continue at Matignon, where François Bayrou is working on its composition
negotiations continue at Matignon, where François Bayrou is working on its composition

Budget: the “special law” bill examined this Wednesday afternoon in the Senate

The express examination of the “special law” bill could end this Wednesday with the expected vote in the Senate, after its adoption on Monday by the National Assembly.

This emergency text intended to avoid a shutdown after the censorship of the Barnier government authorizes the executive to collect taxes and go into debt, as well as Social Security, so that civil servants continue to be paid in 2025, and that pensions are paid, as well as unemployment and sickness benefits. Pending the adoption of a finance bill and the Social Security budget for the year 2025.

“This special law gives everything the state needs to carry out its essential functions in early 2025, but nothing more. It must be completed as quickly as possible” by a budget, estimated the general rapporteur of the budget in the Senate, Jean-François Husson (Les Républicains).

The left, a minority in the Senate, would have liked to index the income tax scale to inflation – a proposal also made by the oppositions in the National Assembly -, but as at the Palais Bourbon, the amendments in this direction were been declared inadmissible due to the very restricted scope of this “special law”, reduced to budgetary emergencies.

The resigning ministers Antoine Armand (economy) and Laurent Saint-Martin (budget), expected on the bench in the Senate, warned of the fact that in the absence of indexation, “380,000 new homes” could ultimately find themselves taxable. But this can be corrected in time if a proper budget is adopted during the first quarter of 2025.

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