Budget 2025: unsurprisingly, the finance bill was largely rejected by the Assembly, it is heading to the Senate

Budget 2025: unsurprisingly, the finance bill was largely rejected by the Assembly, it is heading to the Senate
Budget 2025: unsurprisingly, the finance bill was largely rejected by the Assembly, it is heading to the Senate

This Tuesday, November 12, 2024, the National Assembly rejected the first part of the finance bill for next year.

French deputies on Tuesday 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.

Soon in the Senate?

The rejection of the text, however, means that the entire bill will be examined in the Senate in its initial version.

Before the vote, Éric Coquerel, president of Insoumise (LFI) of the Finance Committee, had welcomed on the social network initial text.

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 “VAT reduction, aid to communities, elimination of electricity taxation, extended zero-rate loan.

The Minister of the Budget, Laurent Saint-Martin, denounced him on the social networktax overdose of 35 billion euros which will spare no one.

France

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