
News Link • France
French Government Falls As PM Barnier Loses Confidence Vote
• https://www.zerohedge.com, by Tyler DurdenThe debate before the vote was lively with RN's Le Pen blasting Barnier's budget and making it clear he was dead in the water.
"It's the end of this ephemeral government," Le Pen declares.
Much of her comments are focused on taxes in Barnier's budget, saying it was "all about taxes, taxes and more taxes."
"Where's all the money? The French want to know," she said.
"To those who think I'm intent on choosing a policy of disaster through a vote of no confidence, I want to tell them that the disastrous policy would be not to censure such a budget, such a government," Le Pen says.
Boris Vallaud, the head of the Socialists in parliament called Barnier's budget "unjust and inefficient" and confirmed he would vote against Barnier.
France unbowed's Coquerel slammed the government for not making enough compromises on the budget and confirms his party is supporting the no-confidence motion put forth by the leftist coalition.
The prime minister notes that the same issues will confront the next government if his is toppled, saying he would have "liked to have distributed money even though there isn't any."
"This won't disappear with the magic of a no-confidence motion."
What happens next?
First, Barnier would tender the resignation of the government; his outgoing cabinet would remain in place with limited powers to manage current affairs.
This caretaker administration continues until Macron appoints a new premier. There is no constitutional time limit for this decision -- and it took Macron nearly two months to select Barnier.
During the interregnum, the government would likely rely on untested emergency legislation to collect taxes and deliver vital spending.
Once named, a new prime minister would propose a cabinet to be appointed by the president, and that new government would present a 2025 budget to parliament