Laurent Saint-Martin, Minister in charge of the Budget, warned about “the censorship bill” as the government finds itself in the middle of a political crisis over its draft budget. On Thursday, Michel Barnier gave up raising taxes on electricity, hoping to convince the National Rally not to censure the government, but “red lines remain” for the Lepenist party.
In an interview with Le Parisien this Saturday, November 30, Laurent Saint-Martin estimated that the absence of a budget was equivalent to “loser, loser, loser.” According to him, “commitment is not blackmail: there cannot be an ultimatum.”
“We have been responsible, now everyone has to be responsible. The situation is too serious,” he continued to the attention of the National Group.
There are red lines left for the RN
“If we renew the 2024 budget, we will automatically include 380,000 additional French households in the income tax because the scale will not have kept pace with inflation and 17 million households will also pay more,” he detailed.
He also specified that the State should also “give up new tax measures: taxation of share buybacks, contribution from large companies, tax on very high incomes.”
To try to escape censure that the National Rally threatens to vote with the left, the government announced on Thursday that it would give up significantly increasing taxes on electricity, a major new concession in its 2025 budget.
The president of the RN, Jordan Bardella, was quick to congratulate himself on this “victory”, but added that “there remain red lines” for his party. The government must also waive “additional drug defunding,” sharply reduce “costly” state medical aid to undocumented aliens (AME), establish “a moratorium on any new creation or increase of taxes and taxes” and initiate “a serious immigration and penal hardening,” he explained.
Source: BFM TV
