Budget of France

The budget of France, setting revenues and spending levels is set after approval of the National Assembly and the Senate. The French Constitution provides for a maximum of 70 days between the budget being proposed to parliament and it being approved. Article 40 of the Constitution stops the National [Assembly (France)|National Assembly ] and Senate from making any amendments to the total spending and revenue amounts proposed by the government.
Once approved by parliament, the government may make adjustments of up to 2% to the budget without having to seek further parliamentary approval.
In 2011, the government introduced a bill to amend article 34 of the Constitution to ensure a balanced budget.
The French budget concerns only spending and revenue by central government. It thus excludes the Social Security budget and regional and local authorities budgets.