
The finance committee removed from the draft 2027 budget the government measure aimed at reducing the 10% tax allowance on retirement pensions, while a tense exchange pitted the governor of the Bank of France Emmanuel Moulin against Jean-Luc Mélenchon after accusations of high treason.
AI-generated summary
The government proposed in the 2027 budget to reduce the tax allowance by 10% on retirement pensions to save money, a controversial measure targeting retirees.
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Budget 2027: deputies vote against the plan on the tax loophole for retirees
The Finance Committee deleted from the text the government measure which aimed to make savings on the 10% tax reduction on retirement pensions.
“I will not let myself be intimidated”: exchange of arms between the governor of the Bank of France and Jean-Luc Mélenchon
The day before, the rebellious candidate had affirmed that Emmanuel Moulin was “implicitly calling on speculators to sanction France”, accusing him of “high treason”.
AI outlook — possibilities, not facts
The government will propose an alternative measure to achieve budgetary savings by the end of 2026.
Likely · Within months

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The finance committee rejects the government's economic measures for 2027. At the same time, Marine Le Pen, RN candidate, presents her economic program focused on state reform, pensions and immigration with a view to the presidential election.

The governor of the Bank of France responds to accusations of “high treason” from Jean-Luc Mélenchon. At the same time, Raphaël Glucksmann was implicated after the leak of a confidential note on his target audiences, deemed elitist by La France Insoumise.