Socialist Party
Socialists propose forced loan from richest for budget
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The Socialist Party has filed amendments to impose an interest-free mandatory loan on the 20,000 wealthiest households, repayable in three or four years. This proposal, inspired by the 1983 Mauroy loan and revolutionary measures, aims to reach a budget compromise. The government has rejected it, stating there is no financing problem.
Chile's Socialist Party secured two seats on the strategic Senate Finance Committee, while Renovación Nacional claimed the most seats across legislative commissions. This agreement, stemming from party negotiations, sets presidencies and memberships for coming years. The commissions were formed after a prolonged session last week.
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At a meeting in Marseille on March 7, 2026, Jean-Luc Mélenchon sharply criticized the Socialist Party's «irresponsible and dangerous» attitude, one week before the first round of municipal elections. Supporting La France insoumise candidate Sébastien Delogu, he stated that «Marseille will not be swept away by the brown wave» of the Rassemblement national. He also denied antisemitism accusations from his former left-wing allies.
On the eve of the budget debate in the National Assembly, the Socialist Party (PS) issued an ultimatum to the government: advances on fiscal justice by Monday, or face a motion of censure. Olivier Faure, the PS first secretary, criticized the lack of measures against the ultra-rich and Gafam. The government's fate now hinges on concessions from the majority.