Special law: how this legislative “patch” will weigh down the budget even further

After the failure of the adoption of the finance bill on December 19, a special law was presented Monday evening, December 22 in the Council of Ministers, before being submitted to Parliament for a vote this Tuesday, to avoid a “shutdown” as in the United States, and thus ensure the continuity of the State. A situation that the country already experienced just a year ago, in December 2024. The text should also resemble exactly the previous version, with three or four short articles at most, including one to authorize the State to collect taxes, a second to secure the revenue, and therefore the functioning, of local authorities. And one or two others, authorizing the State and social security organizations to borrow on the markets.

But the government is sounding the alarm: this special law can only constitute a “temporary patch”. And it will cost public finances dearly: “12 billion euros, minimum,” Amélie de Montchalin, the Minister of Action and Public Accounts, had already warned in June before the senators of the Finance Committee. At the end of November, those around him further darkened the line: “12 billion is probably even a low range,” confided a close friend of the minister. Because we would have to add an additional billion per month lost. »

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