Source: France 24 [French state media]
“The French lower house rejected parts of the 2026 budget bill on Saturday, leaving open whether the politically fragmented parliament, under pressure from investors to reduce a budget deficit, can strike a deal before the end of the year. After the rejection of the income part of the budget – which deals with taxation – the bill now heads to the Senate, which is expected to strip out many amendments already added by the National Assembly. Both chambers must agree for the budget to pass without the government resorting to special constitutional powers. Once the Senate completes its review, a joint committee will attempt to broker a compromise.” (11/22/25)