Cost of the FN program: we are far from the mark!
145 billion euros: this is the annual cost that the French budget would have to bear if Marine Le Pen were elected.
The most significant expenditure: lowering the retirement age to 60. This measure alone is expected to cost 35 billion euros per year.
The creation of a French agricultural policy, meant to replace CAP subsidies, would cost 9 billion euros per year.
Next comes the cost of creating a fifth branch of Social Security for dependency, estimated at 5 billion euros per year. And to close the list of major expenditures, compensation to French businesses and municipalities for the absence of European aid would cost 4 billion euros per year.
Added to this is a multitude of less individually significant expenses, but they raise the final bill to a total of 145 billion euros. This is far from the 86.5 billion euros in spending promised by Marine Le Pen.
The budgetary imbalance resulting from these significant expenditures would require France to borrow even more. As a reminder, France’s public debt already amounts to 2,160.4 billion euros, or 97.6% of GDP. In ten years, this debt has increased by 73%.
To cover this deficit, Marine Le Pen plans to introduce a 3% levy on imports, reduce contributions to the European Union, make savings on Social Security, and impose a tax on foreign workers. In total, these measures are expected to bring in 82 billion euros according to the FN.
“False!” responds the Concorde Foundation, which estimates the revenue generated by these savings at only 53 billion euros.
Therefore, 92 billion euros would be missing to finance the proposed reforms, meaning a France under Marine Le Pen would have no choice but to borrow this amount.
