January 28, 2019 / 11:35 AM / 19 days ago

France prepared to step up spending cuts - finance minister

FILE PHOTO: French Finance Minister Bruno Le Maire attends the questions to the government session at the National Assembly in Paris, France, November 27, 2018. REUTERS/Gonzalo Fuentes

PARIS (Reuters) - French Finance Minister Bruno Le Maire said on Monday that he prepared to step up public spending cuts to finance faster tax cuts if people voiced a desire for lower tax in a nationwide debate underway.

“Should we go further on tax cuts? The grand debate will offer an answer to this fundamental question, which involves real choices as a society,” Le Maire said.

“I for one am ready to reduce public spending on things people do not consider a priority in order to step up tax cuts,” Le Maire added, speaking in a business address to business leaders.

Reporting by Leigh Thomas; editing by Michel Rose

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