French Prime Minister François Bayrou triggered Article 49.3 of the Constitution on Monday to push through both his state budget and the first of three parts of the social security budget without a parliamentary vote, claiming the urgent need for financial stability.
The 2025 budget aims to reduce France's deficit from 6% to 5.4% of gross domestic product (GDP) through €30B in spending cuts and €20B in new taxes. France's deficit is over double that of the EU's expected cap.
The left-wing France Unbowed (LFI) party announced it would file no-confidence motions against both budget plans, with support expected from the Communist and Green parties.
Bayrou's approach balances fiscal responsibility with social welfare, aiming to reduce the deficit while protecting essential services like education. The 2025 budget reflects this balance, ensuring France meets European standards and avoids financial penalties. By rejecting the no-confidence vote, Socialist lawmakers have shown they are pragmatic and willing to work within the system to achieve progress, safeguarding stability for the nation's future.
Bayrou's reliance on Article 49.3 to push through his budget bypasses crucial parliamentary debate, undermining democratic scrutiny. His budget, despite claims of stability and cross-party agreement, hides deep flaws. While minor concessions were made to appease opposition, the broader fiscal approach leans heavily towards austerity. Reductions in vital areas like education and labor, combined with insufficient social spending, suggest a temporary fix that lacks long-term vision and credibility.