Republicans wish to politicize the topic of debt | EUROtoday

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Les Républicains des Hauts-de-Seine deputy Philippe Juvin at the National Assembly, in Paris, February 6, 2023.

The Les Républicains (LR) group of the National Assembly launched, Wednesday May 22, a fee of inquiry regarding the “strong growth in debt” under “the presidency of Emmanuel Macron”. The deputy (LR) for Hauts-de-Seine, Philippe Juvin, appointed final week to chair it, considers that “public finances are in an extremely worrying situation with a worsening of the debt during the first and second five-year terms of Emmanuel Macron”.

The figures are recognized and the best by no means misses a chance to recall them to undermine the financial document of the President of the Republic. According to INSEE, France's public deficit reached 5.5% of GDP in 2023, or 15.8 billion euros greater than anticipated. In February, the federal government introduced 10 billion euros in financial savings on the state funds in 2024. A brand new effort of 10 billion euros was added originally of April.

Insufficient for the Republicans, even probably the most stamped “Macron-compatible” like Véronique Louwagie. “In 2010, we had the same level of debt as Germany, at 85% of GDP. Today, there is a forty point gap against usnotes the MP for Orne, designated as one of the secretaries of the commission. The question is whether reducing the country's debt is a priority for the government. We have the impression that this is not the case. »

“The government will be up against the wall”

Announced in April, this fee – Mathieu Lefèvre, MP (Renaissance) for Val-de-Marne, is the rapporteur – will full its hearings in mid-September, earlier than delivering its conclusions originally of November. A calendar which owes nothing to likelihood, for the reason that National Assembly will debate at the moment the 2025 finance invoice. The Republicans think about that the fee will set up that the scenario isn’t very brilliant and can goal the duty of the present majority.

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Without mentioning a doable movement of censure, Olivier Marleix suggests it fairly overtly. “We want to put ourselves in a position to apprehend the big meeting that will be the finance bill for 2025. This is where the government will be up against the wall”warns the top of the LR deputies.

In current months, the best has determined to assault the federal government on its administration of public funds to look, in contrast, because the celebration of fine administration. “In seven years, under the Macron presidency, French debt will have increased by 50% and it did not wait for the Covid-19 crisis to explode”, accuses the deputy for Eure-et-Loir. A tireless admirer of Emmanuel Macron, Mr. Marleix jokes concerning the financial classes that the Greeks and Portuguese would give to France. These two nations, former poor college students within the European class within the 2000s, have since lowered their money owed by 16 factors and 32 factors respectively in ten years.

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