French PM vows more taxes and spending cuts ahead of budget fight

French PM vows more taxes and spending cuts ahead of budget fight

Legit | 02-10-2024 02:58am |

France's new Prime Minister Michel Barnier pledged new taxes and spending cuts Tuesday to reduce a "colossal" debt, in a policy address that met with a raucous reception from lawmakers who could topple his government at any time. Opportunities to topple the government will abound in the coming months as ministers struggle to get a 2025 budget through parliament before year's end.

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