Public expenditure: “We pay for the lifestyle of the State and the French through debt,” says Eric Woerth (LR)

Public expenditure: “We pay for the lifestyle of the State and the French through debt,” says Eric Woerth (LR)

Éric Woerth, LR chairman of the Finance Committee at the National Assembly, is the guest of the “4 Vérités” of France 2, Wednesday 25 September.

Public expenditure : "We pay for the lifestyle of the State and the French through debt", believes Eric Woerth (LR)

There will be no abolition of the tax exemption enjoyed by people over 70, which concerned home help. The Prime Minister decided to back down on Tuesday, September 24. “It’s a bad idea. […] It is a problem of method on how to try to reduce the public expenditure: the government does not speak about it, does not consult, brings it brutally ”, explains Éric Woerth, guest of the “4 Vérités” of France 2, Wednesday morning. “There is no reduction in public spending today”, adds LR chairman of the Finance Committee at the National Assembly.

“It’s a headlong rush”

The 2020 budget is presented on Friday. “Unfortunately it has always been French laxity. What Gérald Darmanin says when he said that we preferred lowering taxes to lowering the deficit, it is a finding of inability to manage the country’s public finances. Behind, there are French people who will pay, there are future generations who will pay. Today, we pay for the standard of living of the State and of the French through debt ”, says Eric Woerth.

The public deficit is expected to stand at 2.2% in 2020. “It’s window dressing. What you have to look at are the deficit gaps between other countries and us. We are the worst student in the euro zone ”, slice the deputy the Republicans.The IMF and central banks continue to make the political choice of low interest rates, facilitating indebtedness. “We earn nine billion euros over two years on the interest charges on the debt, that’s good and then as there is a little more growth than before, taxes, excluding increases or new measures, increase. It’s a headlong rush ”, concludes Éric Woerth.