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French PM Revamps Budget to Win Socialist Support

1/17/2026

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Summary

Story summary

French Prime Minister Sebastien Lecornu announced amendments to the 2026 budget to win Socialist Party support.
After three months of stalled negotiations, he called for compromise.
The revised budget increases a monthly income supplement for low-income workers and extends affordable meals for students.
Lecornu aims to keep deficit below 5% of GDP and could invoke Article 49.3 or Article 47 to pass without a vote if talks fail.

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Story summary

French Prime Minister Sebastien Lecornu announced amendments to the 2026 budget to win Socialist Party support.
After three months of stalled negotiations, he called for compromise.
The revised budget increases a monthly income supplement for low-income workers and extends affordable meals for students.
Lecornu aims to keep deficit below 5% of GDP and could invoke Article 49.3 or Article 47 to pass without a vote if talks fail.