Budget 2025: the assembly painfully completes the examination of the first part “revenue”

Les députés ont terminé, dans la nuit de vendredi 8 novembre à samedi 9 novembre, l’examen des plus de 3 000 amendements de la partie recettes du budget 2025. IP3 PRESS/MAXPPP – Sebastien Toubon

During the night of Friday 8 to Saturday 9 November, MPs completed the first part of the 2025 budget by examining the more than 3,000 amendments dedicated to revenue. The initial text of Michel Barnier's government was largely revised. The assembly must still validate the text by a final vote on Tuesday, and a very uncertain one.

Shortly before 3am last night, the National Assembly finally completed examining the “revenue” part of the finance bill and the more than 3,000 amendments tabled by MPs, according to France Info.

A project started on October 21. The “common base” that brings together the DR (LR), EPR (Renaissance), Modem and Horizons groups in the Assembly, regularly divided, has shown itself incapable of mobilizing.

A tax increase of 35 billion

The State deficit forecast for 2025 is reduced from 142 to 85 billion euros, at the cost of a “tax increase of 35 billion”, calculated the Minister of the Budget Laurent Saint-Martin at the end of the session, an improvement that he considers “largely artificial” because it results for “23 billion from the elimination of the envelope intended for the European Union”.

The left, with new taxes on “super profits”, “super dividends”, “large digital companies”, “multinationals” or even “billionaires' heritage”, has become consistent with its program from the last legislative elections.

A dozen articles have been deleted, out of the 41 articles of the initial text, including the increase in the electricity tax or the automobile penalty.

This “scrawl “fiscal” is “not votable as it stands”, affirmed the Macronist David Amiel. Conversely, the left “will obviously vote for it”, predicted the president of the Finance Committee, the Insoumis, Éric Coquerel, satisfied to have “found tens of billions of new revenues”, and questioning the position of the RN. Several executives of the far-right group are said to be leaning towards a vote against, particularly given the total amount of the tax increases.

The entire “revenue” section must be the subject of a formal vote in the hemicycle on Tuesday afternoon. If it were to be rejected, it would be sent to the Senate in its initial version, without the deputies being able to examine the expenditure section of the state budget.