RN counter-budget: overestimated savings, underestimated expenses

The tone is intended to be reassuring. Marine Le Pen presented the broad outlines of her economic program this Tuesday. In the speech, priority is clearly given to the recovery of public finances. “France is becoming the object of all the concerns of international investors,” declared the presidential candidate who was monitoring the evolution of France’s borrowing rates in real time during her press conference. To remedy this situation, she promises to reduce the public deficit to 3% of GDP by 2030 (compared to 5.4% expected in 2026) if she manages to conquer the Élysée.

His plan is simple: provide a savings effort of “140 billion euros net” by 2032. “Net”, because his economic program also includes a lot of additional spending and tax cuts that will have to be financed. Reduced VAT on energy and basic necessities, income tax exemption for young workers, tax share, etc.