This is the end of the live broadcast
Thank you for following us.
Is Michel Barnier on the verge of giving up?
Will the new Prime Minister give up on the formation of a new government? According to a central bloc official quoted by our colleagues at TF1, “Michel Barnier is on the verge of giving up on this issue. He would have presented a list of 39 names, with only three Horizons and 2 Modems, which would have been unacceptable. He was stuck.” A representative from the Republican side confirmed that the structure of the new government was “becoming more complicated”
According to a central bloc official, “Michel Barnier is on the verge of giving up on this issue. He was going to present a list of 39 names, including only three Horizons and two Modems, which was unacceptable. That’s why he was blocked.”@LCI #to say
– Frédéric Delpech (@fredericdelpech) September 18, 2024
Michel Barnier was received by Emmanuel Macron at the Elysée this morning
Tensions rise between Barnier and Macronists
The formation of the government was met with increasing tensions between the Macronists, who sought on Wednesday to “clarify” with Michel Barnier their place in the future team and the Prime Minister’s political line “budget situation”. The successive postponement of the two meetings in Matignon, the issue of tax increases in the eyes of the parties and the uncertainty that persists two weeks after his appointment: Michel Barnier, who promised to appoint a team in the coming days, seems to have been forced to postpone the work of his consultations.
Reception of Republican leaders in Matignon postponed
Michel Barnier was due to receive the leaders of the LR party this Wednesday evening: the meeting has been postponed.
The LR leaders were received again in Matignon this Wednesday evening
Laurent Wauquiez, Gérard Larcher and Bruno Retailleau will be received again by Michel Barnier this Wednesday evening at 18.00. It will be their fourth meeting with the Prime Minister since the appointment of Michel Barnier.
Finance Commission chairmen also left Bercy empty-handed
On Tuesday, after Matignon, the President of the National Assembly Finance Commission, Eric Coquerel (LFI), and the general rapporteur, Charles de Courson (Liot), went to the Ministry of Finance. They left around 13:00, about 30 minutes after entering. They did not receive the ceiling letters for the 2025 budget draft, but the Budget Director assured them that a document with important details on budget preparations would arrive on Thursday morning.
Olivier Faure (PS) condemns “the tax preferences of successive Macron governments”
PS First Secretary Olivier Faure, on the other hand, reacts to what Michel Barnier calls France’s “serious” budget situation and the rumours of a possible future tax increase. He writes that the “impoverished state” (…) is due to “a large part of the tax preferences of the successive Macron governments”, on the excess profits.
The impoverishment of the state is not the result of coincidences or any fate. It is largely due to the tax choices of the successive Macron governments. Yes, we should tax the very large assets, the great fortunes and the super profits that continue… https://t.co/ymYTvY7cAH
— Olivier Faure (@faureolivier) September 18, 2024
Charles de Courson: “The state of public finances is very serious”
Charles de Courson, general rapporteur of the National Assembly’s Finance Committee, is calling for an end to tax cuts. “The situation of public finances is very serious,” he said this morning. Tax cuts since Emmanuel Macron was elected to the Elysée in 2017 are estimated to amount to 60 billion euros.
“The state of public finances is not alarming. […] “The situation is very serious” warning @C_deCourson“We have to stop the tax cuts. There have been €60 billion worth of tax cuts in the last seven years, roughly 2 or 2.5 points of GDP.”#DirectAN pic.twitter.com/sqO5Qm9I5K
— LCP (@LCP) September 18, 2024
Jean-Luc Mélenchon condemns “Michel Barnier’s refusal to comply”
On Wednesday, the president and general rapporteur of the National Assembly’s finance committee, Eric Coquerel and Charles de Courson, did not receive the ceiling letters given to Matignon. They were denied the examination of these documents. they left empty-handed. Jean-Luc Mélenchon reacted this afternoon and condemned “Barnier’s refusal to comply”.
Barnier’s refusal to comply is unacceptable. Give the secret budget documents to Coquerel and de Courson.
— Jean-Luc Mélenchon (@JLMelenchon) September 18, 2024
Michel Barnier slams the door on Macronists
The dispute between Michel Barnier and Gabriel Attal reached a turning point on Tuesday, September 17. The idea of not even joining the government team was raised if the policy chosen by Michel Barnier crossed certain red lines. The meeting between the new Prime Minister and the marching group in Parliament was cancelled this Wednesday morning
Also read:
New government: Michel Barnier, at odds with the old majority, slams the door on the Macronists
Jordan Bardella opposes any tax hike
National Rally President Jordan Bardella said he was against any increase in taxes in France. “One problem, one tax: Michel Barnier is certainly a French leader like any other,” he writes in RN.
One problem, one tax: Michel Barnier is certainly a French leader like any other.
There are thousands of ways to reduce spending (the cost of immigration from social security, regional millefeuille, “Republican cheeses, etc.) before even thinking about raising taxes in the slightest.
— Jordan Bardella (@J_Bardella) September 18, 2024
Emmanuel Macron will have lunch with several MPs from his political camp
BFMTV reported that President Emmanuel Macron will have lunch with several MPs from the departing majority this afternoon.
LR welcomes Michel Barnier’s “idea” for “more tax fairness”
Vincent Jeanbrun, spokesman for the LR MPs, said the Republicans, the party to which Michel Barnier belongs, welcomed the Prime Minister’s “idea” for “more tax fairness” and called for “urgent” cuts in state spending. “It is to Michel Barnier’s credit that he has opened the debate on more tax fairness in our country,” he said, predicting: “If this means bringing net wages closer to gross wages and providing relief to those who work and create wealth, then that is a great success.” good news.”
Banque de France backs idea of ”extraordinary effort”
The Governor of the Bank of France, François Villeroy de Galhau, called for “the middle classes and SMEs to remain untouched”, while advising “not to exclude exceptional and reasonable efforts by some large companies or some large taxpayers to reduce the open target group”. “This could be a temporary effort”, elaborated the governor of the Bank of France, who made this call in his columns on Tuesday, September 17. Parisian “Lifting the taboo on tax increases”. François Villeroy de Galhau said on BFMTV this morning: “It is neither wise nor realistic to exclude tax increases altogether.”
Michel Barnier – Gabriel Attal meeting postponed
Will Michel Barnier be able to govern the country? The question legitimately arises given the tensions that have emerged in recent days with the former presidential majority, represented today by Gabriel Attal, president of the Ensemble pour la République group in the Assembly. The meeting between the two, scheduled for 10.30 this morning, was cancelled without announcing a new date.
Michel Barnier is working on the formation of a “balanced government”
In the same press release, Michel Barnier said that the country is currently “very focused on the upcoming constitution of a balanced government” to “methotically and seriously deal with its challenges” and “thus respond to the expectations of the French”.
Michel Barnier assesses budget situation as “very serious”
In a press release, Michel Barnier said that he considered the country’s budget situation “very serious” and “wanted all elements to fully appreciate its reality”. “I discovered that the country’s budget situation is very serious. I wanted all elements to fully appreciate the reality. This situation deserves better than voices. It requires responsibility”, he confirmed. “My goal is to get back on the path of growth and improve the standard of living of the French, even though we are currently the country with the highest tax burden.”
Gérald Darmanin says no to tax increases
The resigned Interior Minister Gérald Darmanin assured this Wednesday morning on France 2 that “there is no question” of “entering” or even “supporting” a government that increases taxes. “Increasing taxes, that’s the easy way” Defending the position of the presidency on the issue, he added: “I will not join a government that is not clear on taxes”. The former Finance Minister defended the “seven years of tax cuts” that, in his opinion, have led to “reduced unemployment” and “the attractiveness of France”. “We must absolutely not disrupt this economic machine”
Raising taxes? Michel Barnier would consider it
Michel Barnier is examining the hypothesis of increasing taxes. It has emerged that the Prime Minister has brought up this hypothesis with many of his interlocutors in recent days. Parisian Tuesday. One of them quotes Michel Barnier’s statement: “I will have to raise taxes, it is not nice.” “We heard,” Matignon replied, “and it is pure speculation.” The aim: to reduce the debt and reduce the deficit to below 3%.
Also read:
Taxes: individuals, high earners, businesses… Who could be harmed by the increases predicted by Michel Barnier?
Welcome to our live broadcast
Follow political news live all day on Wednesday, September 18, 2024.