Recovery plan: "We will take at least 15 years to go back below 100%" of debt

It has not yet been voted, but the question of its reimbursement is already being raised.

Debated in the National Assembly, the recovery plan raises several questions, in particular that of its reimbursement.

This question is all the more important given that the public debt already exceeds 117% of the GDP while the coronavirus once again hits the country, forcing new restrictions and new aid.

A necessary evil points this Friday in Europe Soir Laurent Saint-Martin, general rapporteur for the budget and "pilot of the recovery plan" at the National Assembly. 

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"Was it that or not to pay the salaries of the French"

"It was that or not to pay the wages of the French, that or not to set up the device of partial long-term unemployment", estimates it.

And to warn: "But it would be wrong to tell the French that such a debt is repaid in two years. We will take at least 15 years to come back below 100% of public debt." 

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Growth to pay off the recovery plan

Despite the situation, Emmanuel Macron has assured him on several occasions, he will not touch the taxes of the French to absorb this debt.

The money needed for reimbursement will therefore come from "growth", says the one who is also an LREM deputy for Val-de-Marne.

"We have compulsory levies which, in terms of base, that is to say in number of companies, have increased while having lower rates. Concretely, you have more contributors and therefore more revenue."