Senators and deputies approved on Wednesday a reduction in exemptions from business contributions of up to 1.6 billion euros by 2025, during the meeting of the joint commission of the Assembly to reach a compromise on the Social Security budget, they announced to AFP parliamentary sources.
The latter reminds that it is a “savings-seeking budget” to “reduce the unforeseen increase in public spending and the excessive deficit.”
This reduction, which is equivalent to an increase in the cost of labor, is one of the most flammable measures of this draft budget, vigorously fought by the deputies of the Ensemble pour la République, the main group of the government coalition in the Assembly.
Its representative, Stéphanie Rist, voted against it in the CMP, but ultimately should not oppose the text drawn up by the latter.
Rejection of 7 hours of free work
The Government initially expected 4,000 million euros from this measure, reduced to 3,000 million euros in the version of the text adopted on Tuesday in the Senate. The Assembly failed to complete its consideration of the text within the allotted time.
MPs continued on Wednesday afternoon to examine the articles of this draft budget, including a measure, strongly contested by the RN, that will result in a pension increase below inflation for more than half of retirees in 2025.
During their debates, they rejected a measure adopted in the Senate aimed at making workers work without pay for seven more hours a year to finance the disability and old age sector. On the other hand, they confirmed the increase in a tax on sugary drinks, but rejected a faster than expected increase in the price of a pack of cigarettes.
If the agreement is confirmed, the Social Security financing bill for 2025 should result on Monday in a high-risk 49.3 for Michel Barnier and his government.
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Source: BFM TV
