The deputies reject the revenue part of the 2025 budget, significantly reworked by the left during its examination in the National Assembly

On Tuesday, November 12, French deputies rejected the revenue part of the finance bill (PLF) for 2025, which was significantly revised during its examination in the National Assembly.

The text was rejected in a solemn vote at the Palais-Bourbon with 192 votes for and 362 against.

Deeply revised by the amendments tabled mainly by the New Popular Front (NFP) and the National Rally (RN), the bill was finalized during the night from Friday to Saturday.

Eric Coquerel, president (La France insoumise) of the finance committee, welcomed on the social network “This budget is the budget of the New Popular Front, it is the budget that the French people chose on July 7”estimated the deputy (LFI) Aurélien Le Coq.

This new amount contained 75 billion in additional revenue “proposed or supported by the NFP on very high incomes and large companies” and 17 billion less with the reduction in VAT, aid to communities, the elimination of taxes on electricity, the extended zero-rate loan.

The budget minister, Laurent Saint-Martin, denounced him on the social network “tax overdose of 35 billion euros which will spare no one”.

The initial draft budget for 2025 predicted massive savings of €41.3 billion and €19.3 billion in additional revenue through a significant tax hike. The text will now continue its legislative journey in the Senate.