the Senate adopts its copy, eyes now turned in the direction of the joint committee | EUROtoday

This is, in accordance with authorities spokesperson Maud Bregeon, “the most complicated week” for the reason that begin of the examination of the finance invoice for 2026. And it is just simply starting… The Senate adopted its model of the funds on Monday, December 15, by 187 votes to 109, after having largely reworked it in comparison with the federal government’s preliminary copy. The hardest half now begins with all minds already turned in the direction of the joint committee (CMP) on Friday December 19 and which may presumably proceed on Saturday December 20. A gathering the place 7 deputies and seven senators will attempt to discover an settlement on this textual content. The job however guarantees to be as troublesome as ever given the variations between the Palais-Bourbon and the copy voted by the Senate. This will function a foundation for discussions within the CMP, the National Assembly having did not agree on a textual content on the finish of November.

Under the management of its proper and heart majority, the Senate has chosen to favor spending cuts over tax will increase. A alternative assumed by Les Républicains (LR) senator from Hauts-de-Seine Christine Lavarde: “Let us not think that our inability to reform will find its solution in an infinite increase in revenue. » “Companies or the ultra-rich will not be able to finance our collective negligence”added the parliamentarian, for whom the federal government’s preliminary invoice “was neither responsible nor trustworthy”. “Being responsible means reforming rather than taxing”she estimated in reference to the cuts made by the Senate in tax revenues.

Among different measures, the senatorial majority opposed the surtax desired by the chief on the earnings of huge firms and which was to herald 4 billion euros in 2026. It additionally lowered the scope of the tax on the monetary belongings of heritage holding firms whose yield was lowered to 100 million euros by the senators towards the billion initially deliberate. Also adopted, a change of the tax on actual property wealth right into a tax on “unproductive wealth” with, in the long run, a shortfall of round 600 million euros. On the expenditure aspect, the bulk highlights the “grouping of public structures” and the discount of the payroll by resurrecting the non-replacement of 1 in two state civil servants retiring or by growing the variety of ready days for sick depart of public brokers.

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