Three days after the warning from the Court of Auditors on the deterioration of public finances, Bruno Le Maire announced on Sunday that he would entrust parliamentarians with the task of sending him proposals for reducing public spending.
In addition to the two priorities of purchasing power and full employment, I propose that we radically change the method to reduce state spending, indicated the Minister of Finance at the Economic Meetings of Aix- in Provence.
I propose that it is the parliamentarians who take up the subject, and no longer the government, added the n2 of the executive, who confirmed the presence of the Renaissance deputy Daniel Labaronne within a task force which will rethink in depth the public expenditure.
I consider that the only ones who have the legitimacy to do this work are the deputies and the senators, judged Bruno Le Maire, who all the same dismissed from the outset the savings of candle ends.
The small planing on the 5 euros of APL (personalized housing assistance), not sure that this is our greatest success of the last five years, he said ironically.
He also proposed to organize the return of the Assises des finances publiques in order to look together, parliamentarians and government, at what choices we are coming up with.
The mission entrusted by Bercy to parliamentarians promises to be extensive, with a public deficit of 6.4% of GDP and a debt of 112.5% of national wealth at the end of 2021.
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In its latest report on the situation of public finances, published Thursday, the Court of Auditors expressed concern about the billions of new expenditures made this week by the government to support households and businesses in the face of high inflation (5.8% over one year). in June according to INSEE).
These will deteriorate the 2022 deficit compared to the scenario of the initial finance law, which provided for a deficit of 5% of GDP at the end of 2022, an objective recently confirmed by the government but subject to many hazards, according to the financial magistrates of the Cambon Street.
The government, for its part, assures that the new expenditure will be offset by particularly dynamic tax revenue.
Precisely in tax matters, Bruno Le Maire reiterated on Sunday his proposal to allocate all tax receipts on fossil fuels to the fight against global warming.