Sebastien Lecornu's Budget Battle: Striking a Deal Amidst Deadlock

French Prime Minister Sebastien Lecornu has proposed amendments to the 2026 budget draft, aiming to secure Socialist Party support. His revisions include increased benefits for low-income workers, pensioners, and students. Despite parliamentary setbacks, Lecornu prioritizes compromise, with potential constitutional measures if no agreement is reached.

French Prime Minister Sebastien Lecornu unveiled a revised version of the 2026 budget, aiming to gain Socialist Party backing. His amendments promise increased financial support for low-income workers, students, and pensioners amidst failed parliamentary negotiations.

Despite a standstill, Lecornu remains committed to forging a compromise while emphasizing the importance of prioritizing the general interest above partisan divides. His address to the nation highlighted the critical nature of reaching a budgetary agreement to prevent economic deadlock.

The proposed budget includes maintaining a tax rebate for pensions and enhancing benefits for low-income households. However, parliamentary approval hangs in the balance with potential recourse to constitutional articles allowing budget passage without a vote, against a backdrop of political fragmentation.

(With inputs from agencies.)