{"id":320860,"date":"2025-08-05T21:54:13","date_gmt":"2025-08-05T21:54:13","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/320860\/"},"modified":"2025-08-05T21:54:13","modified_gmt":"2025-08-05T21:54:13","slug":"frances-pm-turns-to-youtube-to-sell-his-budget-cuts-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/320860\/","title":{"rendered":"France\u2019s PM turns to YouTube to sell his budget cuts \u2013 POLITICO"},"content":{"rendered":"<p>Last month, during a two-hour press conference billed as \u201ca moment of truth,\u201d the French prime minister <a href=\"https:\/\/www.politico.eu\/article\/french-pm-francois-bayrou-floats-axing-2-public-holidays-escape-financial-crisis\/\" target=\"_blank\" rel=\"noopener\">unveiled<\/a> his draconian plans to drastically cut public spending in 2026.<\/p>\n<p>The plans include slashing two of France&#8217;s 11 public holidays, reducing the number of civil servants and\u00a0freezing welfare payments, including pensions, that are typically adjusted annually for inflation.<\/p>\n<p>The plan <a href=\"https:\/\/www.politico.eu\/article\/francois-bayrou-france-budget-holidays-welfare-health-care\/\" target=\"_blank\" rel=\"noopener\">triggered a wave of outrage<\/a> from both the far-right National Rally and left-wing opposition parties, which are threatening to bring down the government during the budget vote in the fall.<\/p>\n<p>But Bayrou is not giving up, and wants to at least convince voters that the cuts would be made in their own interest.<\/p>\n<p>&#8220;When you&#8217;re forced to borrow \u2014\u00a0not to buy a house, an apartment, home furnishings or to buy a car, but simply to pay for everyday expenses \u2014 when you&#8217;re forced to borrow and you can&#8217;t pay it back without going every month to the bank to ask for an additional loan which is more and more expensive \u2014 that is call over-indebtedness,&#8221; Bayrou said.<\/p>\n<p>His government is planning to bring France&#8217;s deficit \u2014 the difference between how much a country\u2019s government spends and how much it receives in taxes \u2014\u00a0down from 5.8 percent of GDP last year to 4.6 percent in 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"Last month, during a two-hour press conference billed as \u201ca moment of truth,\u201d the French prime minister unveiled&hellip;\n","protected":false},"author":2,"featured_media":320861,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5309],"tags":[331,1194,2001,6659,2825,2000,299,36,37,476,28649,3209,617,47,12340],"class_list":{"0":"post-320860","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-france","8":"tag-banks","9":"tag-budget","10":"tag-communications","11":"tag-crisis","12":"tag-debt","13":"tag-eu","14":"tag-europe","15":"tag-france","16":"tag-francois-bayrou","17":"tag-inflation","18":"tag-national-budgets","19":"tag-payments","20":"tag-pensions","21":"tag-poll","22":"tag-welfare"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114978387813320429","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/320860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=320860"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/320860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/320861"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=320860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=320860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=320860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}