Marine Le Pen unveils ambitious fiscal plan ahead of 2027 presidential election

On October 6, 2026, Marine Le Pen of the National Rally (RN) party presented a detailed fiscal roadmap for France in anticipation of the 2027 presidential elections. The plan outlines a target of 140 billion euros in gross savings by 2032 compared to 2026 levels, while simultaneously promising 30 billion euros in tax cuts. Le Pen aims to reduce the public deficit to below 3% of GDP by 2030 and below 2.5% by 2032, while also targeting a reduction of the debt-to-GDP ratio to 112%. To achieve these goals, the proposal includes significant cuts to public spending, a reduction in the number of public agencies, and restricting personnel replacement in the public sector.

Furthermore, the plan advocates for a constitutional 'golden rule' regarding deficit limits, to be established via referendum. This strategy aims to bring public spending below 50% of GDP by the end of the next presidential term. The proposal also highlights reforms in the pension and energy sectors, alongside a push for stricter immigration policies as part of a broader effort to rebuild the French economy. The viability of this strategy relies on the simultaneous implementation of aggressive spending cuts and tax relief, which marks a central theme in Le Pen's current political platform.