Budget: 49.3 will not operate this week, according to Le Maire

Budget: 49.3 will not operate this week, according to Le Maire

Article 49.3 of the constitution will not be used by the government this week to approve its draft budget for 2023, Economy and Finance Minister Bruno Le Maire assured on Thursday.

“We have plenty of time, it won’t be today, it won’t be tomorrow and it won’t be this week, 49.3,” the minister said on RTL, as the government suffered a series of setbacks from the start of considering the text in the national assembly.

“If there is even the slightest chance of not filing 49.3, we will take that chance because the budget is a fundamental act in the life of a nation,” he nuanced.

“I will take the necessary time to bring this debate to a close, but at the end of the day we need a budget for our compatriots and for France,” concluded Bruno Le Maire.

Notably, opposition figures managed to reject at first reading the target of limiting the public deficit to 5% of gross domestic product (GDP) in 2023 and to pass by a partial majority an amendment to increase taxation of “super-dividends” from large companies operating from June 30 to 2023 % would rise to 35%.

A Thursday lunch at the Ministry for Relations with Parliament brought together Mr Le Maire, Minister Delegated for Public Finance Gabriel Attal, and Minister responsible for Relations with Parliament Franck Riester to prepare a “progress report” on the budget debates , AFP learned from consistent government sources.

Prime Minister Élisabeth Borne handed over a head and budget rapporteur Jean-René Cazeneuve at the end of the lunch, which was also attended by the leaders of the majority deputies, Aurore Bergé (Renaissance), Laurent Marcangeli (Horizons) and Jean-Paul Mattei (MoDem).

The aim was to determine which amendments will or will not be retained in the final text if the government cites a government source 49.3, which allows a text to be adopted without a vote, except for a motion of no-confidence.

Another source recalls that the majority are “constantly thinking about how we can enrich the text because the perspective of 49.3 is expected”.

The Council of Ministers meeting on Wednesday authorized the government to activate Article 49.3 of the Constitution “when the situation requires us to resort to it,” said government spokesman Olivier Véran.

Reference: www.challenges.fr

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