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Under the presidential address, he argues that the proposed reform "would require each elected Government to commit to five years on a path of deficit. Each government should simultaneously engage on the date on which the balanced budget is reached. Specifically, given the interim recommendations of the circular stage of the Camdessus report, the mechanism used could be articulated as follows:
- A five-year statute of programming that would follow the current three-year program laws which currently are only indicative. By giving them a strong supra-legislative, "that would compel the annual budget law to comply with the programmatic expenditure limit, except to pledge any new measure by additional revenue or expenditure before striking the appropriate amount. The laws of programming will bring in an "consolidated" the total budget expenditure: Budget Act, Act funding of social security (which could "merge" as part of an overhaul of the LOLF) as well as local government spending (at least in regard to transfers from the State towards them, having regard to the principle of free administration of local governments).
- Bind any respect for the objectives of this program back into balance recorded in the stability program sent by the government in January to the Brussels commission. This could result in a vote by the Parliament in June, instead of the current fiscal policy debate, on compliance by the government of its European objectives in the initial finance law this fall.
- Sanctuarize finance laws by reserving the entire voting provisions of a fiscal nature in order to "control" inflation tax loopholes and budgetary impact of devices not enough "pledged" by actual additional revenue.
- Create a "depreciation account" with which to reap additional revenue cycle and open up a limited edition of "down cycle" to avoid any "pot effect" and absorb shock If the economic Condition
- Finally convene an independent fiscal committee (advisory council of public finances) to make the necessary macro-economic theories and verifying the sincerity of the government's encryption before devolution constitutional council for verification of compliance with budgetary provisions in the Law fundamental.
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