French Minister François Bayrou Sets Two-Month Deadline to Finalize 2026 Budget Plan Targeting 43 Billion Euro Deficit Reduction Amid Political Criticism

French Minister of Public Accounts François Bayrou has announced a budget plan for 2026 aimed at substantially reducing the national deficit. Bayrou stated that there are two months to finalize the plan, emphasizing the government's commitment to its implementation. The proposed measures have sparked criticism from various political figures. Ian Brossat of the French Communist Party warned that if the government persists with the plan, it is likely to be censored. Alexandra Ouizille, a Socialist Party senator, argued that Bayrou's plan could damage the French economy. Edwige Diaz, vice-president of the National Rally, accused Bayrou of employing a fear-based strategy reminiscent of tactics used by Macron's supporters. Additionally, Aurélie Trouvé from La France Insoumise expressed regret, suggesting the government could have pursued alternative approaches. Economist Olivier Blanchard acknowledged the challenge posed by the budget and noted that the proposed measures, if approved, might approach a deficit reduction target of 43 billion euros.