Budget 2023: no more “whatever it costs”?

Monday, September 26, journalist Alexandra Bensaid is present on the set of the 20 Hours to evoke the “whatever it costs”. “It was, in 2020 and 2021, a huge bumper against the Covid. More than 140 billion invoices. We are no longer there, the bumper has shrunk, but it is far from having faded away”, explains the journalist. In 2023, 3 billion euros are planned to help companies and 45 billion euros for the tariff shield on gas and electricity. But “there is there any other solution than spending to fight inflation, avoid recession? All European countries have also handed over bumpers.”

The main constraint of the budget is the debt, which is becoming more and more expensive. “All expenses against revenue, it gives a hole of 155 billion euros, 5% deficit. France, which already has 111% debt, will finance itself on the financial markets, as usual. Except easy money is over. Borrowing is more expensive than a year ago and the debt burden is getting heavier: we will pay 60 billion next year, almost as much as the education budget”continues Alexandra Bensaid. The discussion in Parliament is therefore important, in order to know what the priorities are and who should make the effort.