The National Assembly votes to continue the recovery plan

The National Assembly voted, Tuesday, November 2, the continuation of the billions of the recovery plan in 2022, despite criticism of the oppositions on the “sprinkling” and a lack of clarity, pending the France 2030 investment plan.

The credits for next year are part of the recovery plan of 100 billion euros announced for 2020 to 2022, around three “pillars”: Ecology, Competitiveness and Cohesion of the territories.

Some 55 billion have already been committed, welcomed the Minister of the Economy, Bruno Le Maire, praising the speed of this plan and its flexibility. “Funds have worked well, like MaPrimRenov, an aid for energy renovation for individuals, and we had to give credits,” underlined the general rapporteur, Laurent Saint-Martin (La République en Marche, LRM), which qualifies them as growth boosters .

“The leverage effect on the economy does not seem to me to be up to the state’s effort,” qualified the chairman of the finance committee, Eric Woerth (Les Républicains, LR).

Lack of readability

In detail, 12.9 billion euros are recorded in payment appropriations in 2022 in the mission “recovery plan” voted. The government also accounts under its plan other budget lines, such as the reduction in taxes on production of companies.

In unison, right and left have criticized a flagrant lack of readability, sprinkling and entanglement of plans, with the start in 2022 of France 2030, the investment plan announced by Emmanuel Macron. “It sounds like a positive step forward but also a disavowal of your first recovery plan,” cracked the leader of the Socialist deputies, Valérie Rabault. Communistses and insoumis demanded the end of blank checks without compensation to businesses.

Charles de Courson (Liberties and Territories) took up the reservations of the recovery plan evaluation committee, chaired by Benoît Cœuré, who recently underlined its effectiveness but sometimes to the detriment of the quality of certain projects. “The policy of the figure has guided you, it is necessary to rectify in 2022,” pleaded the deputy. Rejecting any sprinkling and praising the simplicity of the plan, the minister also sought to reassure on the generated deficit. With growth forecast at 6.25% at least in 2021, “the State could reap additional tax revenues; but if it were the case, they would go to the reduction of the deficit and the debt,” he hammered.