US EditionFrench lawmakers pass social security budget in knife-edge vote
The National Assembly approved the budget by 247 to 234 votes, suspending the pension reform until 2028 to secure Socialist support and address a €19.6 billion deficit.
- On Tuesday, the National Assembly adopted the Social Security Financing Bill with 247 votes to 234, a razor-thin margin of 13 votes.
- Facing a swelling deficit, the government secured funding for health care, pensions and welfare while social security accounts for over 40% of spending and next-year deficits may reach €19.6 billion, Health Minister Stéphanie Rist projected.
- Lecornu won support by suspending the 2023 pension reform, freezing the raise from 62 to 64 until January 2028, and relying on last-minute concessions that persuaded Green MPs to abstain and secured Socialist Party backing without using Article 49.3 of the Constitution.
- The result delivered a costly political win for Sébstien Lecornu, Prime Minister, as concessions alienated centre-right and centrist allies and raised resignation risks seen with former prime ministers Michel Barnier and François Bayrou.
- With the Sécu approved, the next hurdle is the Senate review, and lawmakers must vote on the second part of the 2026 state budget later this month, diverging from the original government target of €17.6 billion.
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The Social Security funding bill was passed through the vote of the Socialists and the abstention of the Greens, but the chances of such a pattern being repeated on the finance bill are slim.
"It's one of the worst PLFSS (social security funding bill) for years, this text is disastrous"; "for me this text is not voting"; "(MPPs) will have the choice of abstaining or voting against." Thus spoke Bruno Retailleau, president of the Republicans party, Sunday on BFMTV.The result of the vote on the Social Security budget, fallen Tuesday night, speaks differently. In total out of 49 MPs: 3 votes against, 28 abstentions, and especially 18 vot…
With 13 votes apart, the National Assembly voted little on the Social Security budget on Tuesday night. An important victory for Sébastien Lecornu. What was your deputy's vote?
The finance of the French Social Security was approved by the National Assembly, after a very uncertain vote until the last moment. The text destined to become definitive...
EDITO. The adoption of the Secu budget shows that we must not rely more on Members of Parliament than on governments to stop the drive of our public finances.
In France, the National Assembly approved the social security budget just over three weeks before the deadline for the end of the year.
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