French Prime Minister Sebastien Lecornu's minority government presented its 2027 budget bill, with 54 billion euros ($60.6 billion) in savings and tax measures, 43 billion euros of them new, to cut the deficit from 5.4% of GDP this year to 5% in 2027, Reuters reported on Oct. 1. About 60% would come from spending curbs, including freezes on public-sector wages and most pensions, while a surtax on large companies would be cut by 30%.