French senators in session overhauling the 2026 budget with proposals for corporate tax cuts and deficit control.
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French senate begins overhauling 2026 budget with tax cuts

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The Senate's finance commission adopted a series of amendments to the 2026 budget draft on Monday, November 24, aiming for lower corporate taxes and more savings while keeping the deficit target at 4.7% of GDP. Amid the blockage in the National Assembly, Prime Minister Sébastien Lecornu called for votes on absolute priorities such as defense and agriculture. The Senate also rejected government-proposed restrictions on sick leave.

The Senate, dominated by the right and center, began overhauling the 2026 finance bill (PLF) draft on Monday, November 24, after the National Assembly rejected the "revenues" section in the night of November 21 to 22 (404 votes against, one for). Unlike the Assembly's "Frankenstein budget" with piecemeal amendments, the Senate version promises to be more coherent and liberal. The finance commission, chaired by Socialist Claude Raynal from Haute-Garonne, adopted consensual amendments scrapping new taxes from deputies, deemed inapplicable by Bercy, and targeting a public deficit of 4.7% of GDP in 2026, versus 4.9% or 5% considered by the government.

"Several amendments reached consensus there," specified Mr. Raynal. Senators largely follow the government but emphasize savings and reduced public spending, without new corporate taxes.

Meanwhile, under the social security financing bill (PLFSS), the Senate rejected the executive's proposed sick leave duration limits: 15 days for a city doctor and 30 days in hospital, set by decree. LR Senator Corinne Imbert defended doctors' "prescription freedom," arguing capping would require "several hundred thousand hours of consultation" amid fragile healthcare access. Sick leave-related spending totals 11 billion euros in 2024, up 6% annually for five years.

Health Minister Stéphanie Rist regretted the decision: "After a month, we can see the patient on sick leave again. It doesn't seem very shocking." Ecologist Senator Raymonde Poncet Monge warned of risks of "non-recourse and forced presenteeism." Senators also banned renewing sick leaves via telemedicine, despite government opposition deeming it unconstitutional; the law already caps such leaves at three days.

Amid this blockage, Prime Minister Sébastien Lecornu stated Monday on Matignon's steps that "there is still a majority in the National Assembly to pass the budget." He plans to meet party leaders and submit parliamentary votes on "absolute priorities" like security, defense, agriculture, and energy, whose credits were not examined. "For the first time, deputies talked to each other and worked together," he added, criticizing the "cynicism" of La France Insoumise and the National Rally.

The timeline is tight: vote on revenues in the Senate on December 4, on the full PLF on December 15, final adoption by December 23 at latest, and promulgation before December 31 for January 1, 2026 implementation. For the PLFSS, solemn vote in the Senate on November 26 and final adoption by December 12. In case of failure, the government could resort to a special finance law or ordinances.

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Discussions on X focus on the French Senate's amendments to the 2026 budget, including corporate tax reductions, relief for local governments, and rejection of sick leave limits. Media outlets highlight pro-business changes and work time increases, while users and officials debate parliamentary deadlock, defense priorities, and deficit targets. Sentiments range from supportive of tax cuts to criticism of government handling and opposition 'cynicism'.

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Photo illustrating the uncertain adoption of the 2026 budget in the French National Assembly, showing lawmakers in tense debates over a patchwork finance bill.
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Adoption of 2026 budget in National Assembly increasingly uncertain

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After several days of intense debates in the National Assembly, the 2026 finance bill increasingly resembles a 'Frankenstein' budget, a patchwork of contradictory amendments complicating its final adoption. The executive, avoiding Article 49.3, faces strong opposition on measures like the surtax on multinationals and limits on sick leave. Lawmakers from all sides have adopted or suppressed key provisions, raising the risk of overall rejection.

The French Senate adopted a revised version of the 2026 finance bill on Monday, December 15, by 187 votes to 109. This copy, favoring spending cuts over tax increases, will serve as the basis for discussions in the joint committee on Friday. Negotiations look challenging amid divergences between the two chambers.

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The French Senate adopted on Wednesday afternoon its heavily revised version of the 2026 social security financing bill (PLFSS), with 196 votes in favor and 119 against. The joint committee (CMP) of deputies and senators then failed to reach an agreement in the evening, sending the text back to the National Assembly for a new reading. This Senate version restores several government measures, such as the retirement reform, and brings the deficit to 17.6 billion euros.

In the night of November 21 to 22, 2025, the French National Assembly rejected the revenue part of the 2026 finance bill almost unanimously, with 404 votes against and one in favor. Only MP Harold Huwart (Liot) voted yes, while oppositions and part of the majority opposed or abstained. The government's original text will be sent to the Senate next week.

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The National Assembly resumes examination in commission on Thursday of the state budget for 2026, after a failed first reading. Public accounts minister Amélie de Montchalin rules out no method to pass the bill, including Article 49.3. The government aims for a deficit below 5% in 2026.

The French National Assembly adopted on Tuesday evening, by 247 votes to 234, the 2026 social security financing bill after tense debates and compromises with socialists. This vote marks a victory for Prime Minister Sébastien Lecornu, who avoided using article 49.3 by securing cross-party support. The text includes the suspension of the 2023 pension reform and reduces the deficit to 19.6 billion euros.

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Senate President Gérard Larcher called the 2026 budget 'bad,' co-constructed with the Socialist Party, and announced that the upper house will monitor its execution. Prime Minister Sébastien Lecornu resorted to Article 49.3 to pass the revenues and expenses sections, narrowly avoiding two no-confidence motions. The text could be promulgated mid-February, with cuts in public spending.

 

 

 

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