Local authorities are the other major losers in the shell game. Indeed,

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Economic forecasts, spending cuts, tax increases, social systems, PEA, life insurance ... provided that the Finance Bill 2014 unveiled by the government Wednesday, September 25. Philippe Crevel, Economist and Secretary General of the Circle of Savers brings Г©lelmiszerbiztonsГЎg us his light on this budget it deems too consensual and tasteless.
The Minister of Economy presented the September 25, 2013, the Council of Ministers, the draft budget law for 2014. This budget is prepared on the basis of a growth rate of 0.9%. This rate is in the high average Г©lelmiszerbiztonsГЎg consensus but it is not so shocking. With growth Г©lelmiszerbiztonsГЎg of 0.1% in 2013, however, the state should support the next few years tax losses. The other risk factor for the balanced budget can come from any tension on interest rates. A rise of one point in rates could generate 10 billion euros of additional spending over time. The Government's objective Г©lelmiszerbiztonsГЎg is to reduce next year's deficit to 3.6% of GDP against 4.1% in 2013. France uses the full grace period of two years from the European Commission to move below the 3% deficit. Public debt is expected to set a new record at 95.1% of GDP in 2014, before a reflux Г©lelmiszerbiztonsГЎg the following year. The debt burden remains the largest item of expenditure of the State ( 46.7 billion). To this end, public expenditure is expected to be 56.7% of GDP against 57.1% in 2013. The tax burden will rise to 46.1% of gross domestic product (GDP) in 2014. Savings trompe l'oeil
The Government expects to save 15 billion in 2014, representing 80% of the effort to reduce deficits. However, it should be noted that this decrease Г©lelmiszerbiztonsГЎg is primarily a slower growth compared to the natural increase in public spending. However, the State will realize net savings of 1.5 billion euros in spending (excluding debt service charges and pensions. Sickness insurance 3000000000 realize savings, Г©lelmiszerbiztonsГЎg half of the reduction in social spending Г©lelmiszerbiztonsГЎg . The Government Г©lelmiszerbiztonsГЎg emphasizes that the government will save 15 billion euros in 2014. This would be unheard of. 15 billion out of a total public expenditure of around 1.2 trillion. These savings if they are found to represent 1.25% of total French public spending, a drop in the ocean of public debt will exceed 1.9 trillion next year. And it is no economies but primarily a slower growth compared to the natural slope of public spending. Indeed, due to the increase in the number of pensioners, the increase in salaries of civil servants on behalf of seniority, expenses increase without government intervention. There remains the general budget expenditures will increase from 295 to 305 billion from 2013 to 2014 an increase of 10 billion euros. For the state, economy would amount to 9 billion euros. Г©lelmiszerbiztonsГЎg Freezing point the public will remove, with some other measures of workforce management automatic expenditure of 1.7 billion. savings are advanced operating height 1 billion. The Ministry of Defence Г©lelmiszerbiztonsГЎg is brought to sacrifice on the altar of rigor as services Bercy. Attention local taxes could blaze
Local authorities are the other major losers in the shell game. Indeed,