Macron Asks Local Government to Save $15 Billion to Cut Deficit

  • Local authorities must contribute to spending cuts by 2022
  • Macron outlines plan to ‘simplify’ French local norms, rules

Macron Courts Doubters with Vision of New Enlightenment

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President Emmanuel Macron said the French state will ask local authorities to save 13 billion euros ($15 billion) by 2022 as his government seeks to shrink the recurring deficit.

“It’s a bigger saving than we planned, but it represents local government’s share in national spending,” Macron said Monday in Paris in a speech to the Senate. “In France, public spending is too high and so are taxes.”