French PM Faces Budget Crisis as Socialists Push for Tax Changes
National Assembly's division gives Socialists power to avert government collapse.
Olivier Faure calls for billionaires' tax, aiming 15-20 billion euros for retirees, youth, families.
Faure warns no compromise seen, threatening no-confidence vote if no change by Monday.
November 4 vote on income measures, with risks of S&P and Moody's downgrades.
30 billion euros in cuts planned for next year, 4.7% deficit, risking political instability.
1 week ago