Allies sought by François Bayrou in Budget 2026 to evade censorship
The proposed French budget for 2026, unveiled by Prime Minister François Bayrou, has triggered a wave of debate and opposition, with significant austerity measures at its core. Here's an overview of the developments, focusing on the opposition's stance and potential reforms:
## Key Budget Proposals
The French government has proposed a €43.8 billion budget squeeze for 2026, which includes freezing most public spending and scrapping two public holidays. This move is part of an effort to reduce the deficit and control public debt. Additionally, the budget includes an increase of €3.6 billion in military spending, adding to previously agreed hikes[1][2][5].
## Opposition's Stance
The opposition has been quick to criticize the package, with many parties expressing disapproval of the severe cuts and the abolition of public holidays. This opposition suggests that the measures might face challenges in parliament[1][5]. Widespread reactions against the proposal to abolish public holidays have led to protests and discontent among the public[5].
## Potential Reforms
The French central bank governor, François Villeroy de Galhau, has supported the budget's direction, emphasizing the need to control public debt while preserving growth. However, he noted that some savings measures require more detail and debate[1]. The government aims to reduce budgetary uncertainty through these reforms, which could lead to more stable economic conditions if successfully implemented[1].
Bruno Retailleau, another member within the government, has proposed new economies, while Le Maire suggests reforming the basket of care in AME. However, it is unclear about what specifically they are negotiating[6]. Laurent Wauquiez, another member within the government, considers the economy plan insufficient[7].
Edouard Philippe, on the other hand, is favourable to Bayrou's plan, but has shown more enthusiastic support in the past. Philippe stated that Bayrou's plan only helps to limit the consequences and does not solve the problem[8]. François Bayrou needs to broaden his base to get his budget adopted[9].
The RN deputies want to negotiate, but it is unclear about what specifically they are negotiating. The RN would currently vote for censorship of the budget[10]. Boris Vallaud, deputy of the Landes, stated that the budget as it is proposed by the government is not a basis for negotiation, and the socialists will oppose it with all their might and reject it[11].
Despite the criticism, Macron expressed faith in his Prime Minister, stating that if others have better ideas to increase activity and reduce savings, they will be received by the Prime Minister[12]. Gabriel Attal assures to have the support of Macron's deputies[13].
In a separate development, Emmanuel Macron visited Lourdes on July 16th, 2020[3]. The Minister of the Interior, Bruno Le Maire, is in the sights of AME, the State Medical Aid, but details about this issue are not provided in the text[4].
Overall, the proposed budget cuts have sparked significant debate and opposition within France. The outcome of these measures will depend on parliamentary approval and public reception, which could influence future economic reforms.
- The opposition, including Bruno Retailleau, Le Maire, and Laurent Wauquiez, have expressed disapproval of the proposed budget's severe cuts and the abolition of public holidays, suggesting potential challenges in parliament.
- Widespread protests and discontent among the public have arisen due to the proposal to abolish public holidays, while Edouard Philippe remains favorable to the budget but believes it only helps to limit consequences rather than solve the problem.
- In a recent statement, President Macron expressed faith in his Prime Minister, noting that if others have better ideas for increasing activity and reducing savings, they will be received by the Prime Minister in the realm of personal-finance, policy-and-legislation, and general-news.
