Budget 2025: “Our ambition is not to change the text resulting from the CMP”, Minister Amélie de Montchalin wishes to keep the compromise

The Minister for Public Accounts, Amelie de Montchalin, leaving the Council of Ministers at the Elysée Palace, January 3, 2025. MAXPPP – Julien Mattia/Le Pictorium

Senators and deputies of the CMP have reached an agreement on the budget. The Minister for Public Accounts Amélie de Montchalin indicated that she wanted to keep the compromise while it will be examined in the Assembly on Monday.

The Minister for Public Accounts Amélie de Montchalin indicated on Saturday that she wanted to maintain the compromise reached by the Joint Committee (CMP) on the 2025 budget project, before its examination in the National Assembly on Monday, excluding final adjustments.

Read also: 2025 Budget: The deputies and senators of the Joint Committee have reached an agreement, a probable 49.3 in the Assembly as of Monday

“A point of balance”

“Our ambition is not to change the text resulting from the CMP”, she explains in an interview with the daily newspaper Ouest-France, published online Saturday.

The minister is following the line of the Minister of Economy and Finance Éric Lombard, who promised Friday that the government “will respect the text that will come out” of the CMP.

“Clearly, we have reached a point of balance. If we questioned everything, we would risk losing on one side what we have gained on the other”, Amélie de Montchalin added in Ouest-France.

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The draft State budget for 2025, which came out of the CMP on Friday, must now be adopted by both chambers. It will be examined by the National Assembly on Monday, with the very likely use of Article 49 paragraph 3 of the Constitution by Prime Minister François Bayrou to have the text adopted without a vote.

Between now and Monday, the government can still make final decisions and amend the text. The RN is threatening to censor the Bayrou government if it does not withdraw Article 4 of the bill, a mechanism that it believes would cause electricity bills to soar.

“I'm not saying that we're going to renegotiate, but it seems to me that on issues like energy, if some people think there's a problem and they want to make proposals, they'd better have a government in front of them. If they censor again, no one knows what will happen on January 1, 2026 for electricity prices”, commented the Minister of Public Accounts.

Companies are not targets, they are our allies.

While the government is planning a budgetary effort of 50 billion euros, the CMP parliamentarians have ratified several flagship measures, including the limitation to a single exercise (instead of two) of the exceptional contribution for large companies, the subject of criticism from LVMH CEO Bernard Arnault.

“What he says must be heard”, the minister pleaded. This contribution, “very important”, must “be really (…) limited in time and accompanied by a series of actions aimed at removing the obstacles weighing on growth, investment and innovation in France”.

“Companies are not targets, they are our allies”, she added: “We must continue to support them. I will put all my energy into it”.