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	<title>Senate budget review &#8211; The Milli Chronicle</title>
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	<title>Senate budget review &#8211; The Milli Chronicle</title>
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		<title>French PM Lecornu Pushes to Finalize 2026 Budget Despite Deepening Parliamentary Strains</title>
		<link>https://millichronicle.com/2025/11/59725.html</link>
		
		<dc:creator><![CDATA[NewsDesk Milli Chronicle]]></dc:creator>
		<pubDate>Mon, 24 Nov 2025 13:00:02 +0000</pubDate>
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					<description><![CDATA[Paris &#8211; French Prime Minister Sebastien Lecornu reaffirmed that the government still aims to secure a finalized 2026 budget by]]></description>
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<p><strong>Paris</strong> &#8211; French Prime Minister Sebastien Lecornu reaffirmed that the government still aims to secure a finalized 2026 budget by the end of the year. His comments come at a time when tensions in parliament have made the path forward increasingly uncertain.</p>



<p>Lecornu addressed the issue shortly after the lower house rejected critical parts of the 2026 budget bill. The rejection raised doubts about whether the divided parliament can reach a compromise under tight fiscal expectations.</p>



<p>France’s political landscape remains fragmented, making budget negotiations more complex than in previous years. Lawmakers face added pressure from financial markets demanding credible plans to reduce the national deficit.</p>



<p>The prime minister described the situation as a warning for the future but maintained confidence in the process. He emphasized that despite disagreements, a workable parliamentary majority still exists for advancing the budget.</p>



<p>Lecornu insisted that completing the budget bill remains achievable if parties choose cooperation over confrontation. His message aimed to reassure both legislators and international observers watching France’s fiscal direction.</p>



<p>Over the weekend, lawmakers voted against the income section of the budget, which covers taxation measures. This setback triggered renewed political friction and pushed the bill onto the next stage of legislative review.</p>



<p>The budget now moves to the Senate, where substantial revisions are expected during committee sessions. Many amendments added by the lower house are likely to be removed or rewritten during this phase.</p>



<p>Under France’s legislative process, both chambers must approve identical versions of the budget for it to pass. This requirement means further negotiation will be essential before the year’s end.</p>



<p>Once the Senate completes its deliberations, the bill will be sent to a joint committee made up of members from both houses. The committee’s task will be to reconcile differences and propose a unified text acceptable to both chambers.</p>



<p>The timeline is tight, and political divisions remain significant, increasing the challenge for the government. Still, officials believe that reaching an agreement is necessary to maintain financial stability and investor confidence.</p>



<p>France’s budget remains under close scrutiny due to its persistent deficit and pressure to meet European fiscal rules. Failure to pass a budget on time could send negative signals to markets and delay planned reforms.</p>



<p>Lecornu has continued meeting with party groups and independent lawmakers to build support for the revised bill. He has urged them to prioritize national responsibility over partisan disputes.</p>



<p>The prime minister highlighted that the budget includes important measures for public services, economic support, and deficit reduction. He argued that delaying approval would undermine efforts to stabilize the economy in a challenging global context.</p>



<p>Opposition parties, however, have criticized various elements of the budget, citing concerns over spending and revenue reforms. They argue that the government must present clearer strategies to manage public finances in the long term.</p>



<p>Political analysts say the coming weeks will test the government’s ability to navigate a divided legislature. The final outcome will depend on last-minute compromises and willingness from lawmakers to avoid a fiscal deadlock.</p>



<p>As the year-end deadline approaches, France faces a crucial period that will shape its financial path into 2026. The government hopes that consensus can still be achieved despite mounting political pressure.</p>
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		<title>French Lawmakers Reject Key Section of 2026 Budget as Political Uncertainty Grows</title>
		<link>https://millichronicle.com/2025/11/59621.html</link>
		
		<dc:creator><![CDATA[NewsDesk Milli Chronicle]]></dc:creator>
		<pubDate>Sat, 22 Nov 2025 12:17:09 +0000</pubDate>
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					<description><![CDATA[Paris — France’s lower house of parliament has rejected the income section of the 2026 budget bill, creating renewed uncertainty]]></description>
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<p><strong>Paris —</strong> France’s lower house of parliament has rejected the income section of the 2026 budget bill, creating renewed uncertainty over whether lawmakers can agree on a final version before the end of the year.<br>The decision highlights the difficulties facing a fragmented political landscape under increasing pressure to rein in the national deficit.</p>



<p>The income portion of the bill covers taxation and revenue measures, making it one of the most critical components of the budget.<br>Its rejection sends the draft to the Senate, where lawmakers are expected to remove several amendments previously added by the National Assembly.</p>



<p>For the budget to pass without invoking special constitutional measures, both the lower house and Senate must eventually approve the same text.<br>Once the Senate completes its review, a joint committee representing both chambers will attempt to reach a compromise acceptable to all sides.</p>



<p>Finance officials expressed confidence that a deal remains possible despite the setback.<br>France’s finance minister said he believes parliament can still find common ground to secure a functional and stable budget for 2026.</p>



<p>He emphasized that a balanced budget is essential for providing clarity to businesses, investors, and citizens as the country prepares for another challenging fiscal year.<br>The government is aiming to reassure markets at a time when investors are closely monitoring France’s commitment to reducing its deficit.</p>



<p>Budget deliberations have been increasingly difficult since the president lost his parliamentary majority in last year’s snap elections.<br>That loss triggered political instability and made cooperation among diverse factions more complicated than in previous years.</p>



<p>Last year’s budget battle turned into a major political crisis and eventually contributed to the collapse of a previous government led by Michel Barnier.<br>This year, the prime minister has ruled out relying on constitutional tools to force legislation through, giving parliament full control over the process.</p>



<p>That commitment has increased the autonomy of lawmakers but has also added a layer of uncertainty.<br>With no majority coalition in place, the government must negotiate with multiple political groups to secure every vote.</p>



<p>A central question is how the Socialist Party will approach the current budget negotiations.<br>As a key swing bloc, their support or abstention could determine the fate of the budget and the direction of broader fiscal reforms.</p>



<p>The Socialists have pushed for the suspension of certain unpopular measures, including proposals related to retirement age and pension reforms.<br>Whether they choose to support the budget or use their position to block it will likely shape the final phases of negotiation.</p>



<p>If lawmakers in both chambers fail to reach agreement by early December, the constitution allows the government to impose the budget by decree.<br>Such a move would bypass parliament but could also deepen political tensions and draw criticism from opposition parties.</p>



<p>France’s budget debate has attracted considerable attention from financial markets.<br>A prolonged standoff or a failure to commit to deficit reduction could heighten concerns among international investors.</p>



<p>As the process continues, lawmakers face intense pressure to strike a balance between political priorities and financial discipline.<br>Both business groups and public institutions are seeking assurances that the 2026 fiscal roadmap will bring stability.</p>



<p>Despite the disagreements, several officials insist that dialogue remains open and progress is still achievable.<br>They argue that a compromise would demonstrate that the country’s political system can function effectively even without a clear majority.</p>



<p>In the coming weeks, the Senate’s revisions and the subsequent joint committee negotiations will determine whether France avoids another major budget crisis.<br>The outcome will play a crucial role in shaping the government’s credibility, economic direction, and capacity to manage future reforms.</p>
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