The deputies and Jean Castex, the Prime Minister, in the National Assembly.

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Louise MERESSE / SIPA

The stimulus plan, the main budgetary translation of the “whatever the cost” formula launched by Emmanuel Macron at the start of an epidemic which has hit France hard on the health and economic fronts, arrives this Monday evening at the agenda of deputies.

The right intends to add its votes to those of the majority and support this plan.

On the left, PS and Communists plan to abstain and LFI could vote against.

“The big challenge is to deploy the credits.

The territories, citizens, businesses and associations must feel the effects of the recovery plan.

And from the first six months, ”insists budget rapporteur Laurent Saint-Martin (LREM).

Growth forecasts at half mast

The debate comes as the economic outlook darkens further for the end of 2020, due to the extended curfew.

"In the fourth quarter, we will probably have a negative growth figure," Economy Minister Bruno Le Maire warned on Friday.

With this stimulus plan, the Assembly begins the second part of the finance bill (PLF 2021) devoted to state spending.

The solemn vote of the entire budget is scheduled for November 17 at the end of this first reading, for final adoption in Parliament by December 18 at the latest.

Of the 100 billion announced for the period 2020-2022, the mission "recovery plan" on the menu Monday aims to release 22 billion euros in credits in 2021.

Relocate industries

Other investments appear elsewhere, such as the upgrading of hospital careers, integrated into the Social Security budget, or the 10 billion reduction in corporate production taxes, voted in the first part of this 2021 PLF. The "relaunch" mission is breaks down into three “pillars”: “ecology”, “competitiveness” and “territorial cohesion”.

Among the flagship measures, the new loans granted for the energy renovation of buildings: nearly 3 billion euros in 2021, including 1.6 billion for public buildings.

In favor of clean energies, 205 million credits are earmarked in 2021 towards the development of the “green hydrogen sector”, regularly put forward by the government.

In its competitiveness component, the plan is marked by the health crisis and the difficulties of supplying masks or active ingredients of drugs, and insists on “relocations”.

It promises 240 million euros in 2021 in order to "secure critical supplies": "health products, inputs for industry, electronics, agrifood and telecommunications".

And 205 million will be allocated to support the relocation of industrial projects in the territories.

The “wall of debt” for the years to come

Finally, for the cohesion component, still in 2021, 5 billion euros are aimed at "safeguarding employment" (partial unemployment, training) and 4 billion are intended for "young people", in particular to facilitate their entry into employment. professional life thanks to the hiring bonus.

On the right, the leader of LR deputies, Damien Abad, warned on Sunday that “there is no magic money, there is the wall of debt.

And the wall of debt today will be the wall of taxes tomorrow ”.

His group will defend the drop to 5.5% of VAT for restaurateurs for three years, as well as a higher cancellation of charges for very small businesses, and finally the tight control of some 100 billion euros committed in the plan.

40 billion from Europe

Socialist Christine Pires Beaune deplores for her part, two days after the government's announcements against poverty, measures that she considers insufficient "for the poorest households".

For Sabine Rubin (LFI), the plan is “largely insufficient” and “even ridiculous”.

The rebellious member denounces once again the absence of ecological or social "counterparts" requested from large companies assisted by the State.

In the majority, certain deputies like Laurianne Rossi also plead for counterparts.

The government refers to the "commitments" of the companies assisted in terms of greenhouse gas emissions, gender equality or social dialogue.

To finance this recovery, the government insists on the 40 billion of the European Union obtained thanks to the agreement of July.

For the rest, the country will still have to go into debt in the logic of "whatever the cost", defended by Emmanuel Macron from March 12.

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