Fiscal warning protocol: what happens when execution drifts off course?
Accountability requires warnings early enough to make correction possible.
Four levels
Green: monitor. Yellow: corrective plan. Orange: targeted non-sovereign spending freeze and parliamentary debate. Red: automatic organic-law mechanisms and constitutional oversight.
Trace every warning
Material warnings would be dated, quantified, formally notified and entered into the public register.
Protect priority functions
Automatic mechanisms must distinguish sovereign, legally mandatory and adjustable spending; indiscriminate freezes can be counterproductive.
After year-end
Actual outcomes are compared with the recalculated ceiling, and unjustified deviations enter the correction account.
Working documents and data
Legal and institutional sources
French Constitution, Article 34
French fiscal council — official missions
Organic Budget Act, Article 61