La France insoumise will present Thursday in the hemicycle the removal of Élisabeth Borne's reform of March 2023 which raised the retirement age to 64 years.
This is one of the major parliamentary meetings of the week with the examination in the Senate of the finance bill concerning the 2025 budget. Last Wednesday, the left's proposal to repeal the pension reform was adopted in Social Affairs Committee of the National Assembly. La France insoumise will thus present on Thursday in the hemicycle the removal of Elisabeth Borne's reform of March 2023 which raised the retirement age to 64 years. Furthermore, it also proposes to reduce the contribution period necessary to retire from 43 to 42 years.
Invited on the set of Public Senate, the Minister responsible for the Budget and Public Accounts expressed his skepticism regarding the success of this proposal to repeal the text. “In 2023, we had 13,000 amendments on pension reform and three weeks of debate,” recalled Laurent Saint-Martin. “I find it hard to imagine how we would repeal the pension reform in one day.”
“Basically, we are in a period of urgent need to redress our accounts. The response of La France insoumise is to cancel which allows us to begin to ensure the balance of our social accounts.”
A deficit slightly above 5% in 2025?
While the parliamentary debates on the 2025 budget continue, Laurent Saint-Martin does not exclude that the final text results in an effort slightly lower than the 60 billion euros projected by the government and therefore in a public deficit “a little bit beyond 5%” next year. Regarding its level in 2024, the Minister responsible for the Budget and Public Accounts maintains the estimate at 6.1% while specifying that it remains subject to the results of the “fifth installment of corporate tax” which will be known at the beginning of December.
The member of the government supports his counterpart Antoine Armand who warned last week of the risk of “taxing too much”. After the Senate reduced the reductions in employer contributions to free up three billion euros, Laurent Saint-Martin considers that landing around 2.5 billion euros would be “a good compromise”.
Finally, he confirms his interest in the establishment of a second day of solidarity, the implementation of which will have to be the subject of consultation of the social partners according to him:
“If we want to continue to have a level of social protection that remains as high as ever, we will need a little more work in our country.”
France
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