Categories: Breaking

Budget 2023: the 7 major changes to come

The 2023 Social Security government budget was adopted by 49.3 on Wednesday, October 29. This is the third time that Prime Minister Elisabeth Borne has used this controversial device. She insisted that an agreement had almost been reached, while the motion of no confidence of the Nupes ended up being rejected, supported by only 218 votes against the 290 which would have been necessary, according to Actu.fr.

The social security deficit will continue to shrink following the adoption of the text: 39.7 billion euros in 2020 against 17.8 billion in 2022, and estimated at 7.2 billion in 2023. The emergency linked to the pandemic, which seems behind us, contributes to this phenomenon.

A total of 1,160 amendments are rejected following the application of 49.3. Among other things, the transformation of the tax reduction into a tax credit for residents in nursing homes. The amendment, adopted by the deputies Thursday, October 13, with 148 votes for and 137 against, did not survive the massive sorting of 49.3.

For the time being, only a tax reduction is in place for residents of nursing homes and long-term care units, designed to offset their dependency and accommodation costs, as reported by Capital. Without paying taxes, you logically do not receive a reduction. A tax credit would have established equality in terms of access to this aid.

The executive has deemed the associated costs too high, and wants to further encourage home care for the elderly. Disappointment for opposition MPs, including Christine Pirès-Beaune, Socialist MP who rejoiced after the vote on Twitter:

Find below the main measures adopted by the budget, i.e. the 7 major changes implemented for 2023.

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