Economy · 11 d ago
French lawmakers reject the 2027 social security budget
Votes against the revenue section
115 to 1
The National Assembly rejected the revenue section by 115 votes to 1, which sinks the whole bill before spending is even examined.
Government target
12.7 billion euros
After the votes
24 billion euros
The budget minister said lawmakers' votes would have pushed the Social Security deficit to 24 billion euros, far above the government's target.
What's next
With no compromise in sight, the government appears headed for Article 49.3, risking a censure vote, or an unprecedented budget ordinance. The Senate takes up the text on Nov 9.
