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PARIS —France's far-right and left-wing lawmakers joined together Wednesday to pass a no-confidence motion prompted by budget disputes that forces Prime Minister Michel Barnier to resign.
The National Assembly approved the motion by 331 votes. A minimum of 288 were needed.
President Emmanuel Macron has insisted he will serve the rest of his term, which ends in 2027. However, he will need to appoint a prime minister for the second time after July's legislative elections led to a deeply divided parliament.
Macron, on his way back from a presidential visit to Saudi Arabia, said discussions about him potentially resigning were "make-believe politics," according to French media reports.
"I'm here because I've been elected twice by the French people," Macron said.
He was also reported as saying, "We must not scare people with such things. We have a strong economy."
The no-confidence motion rose from fierce opposition to Barnier's proposed budget.
The National Assembly, France's lower house of parliament, is deeply fractured, with no single party holding a majority. It comprises three major blocs: Macron's centrist allies, the left-wing coalition New Popular Front, and the far-right National Rally.
Both opposition blocs, typically at odds, united against Barnier, accusing him of imposing austerity measures and failing to address citizens' needs.
Barnier, a conservative appointed in September, could become the country's shortest-serving prime minister in France's modern Republic.
In last-minute efforts to try to save his government, he called on lawmakers to act with "responsibility" and think of "the country's best interest."
"The situation is very difficult economically, socially, fiscally and financially," he said, speaking Tuesday evening on national television TF1 and France 2. "If the no-confidence motion passes, everything will be more difficult and everything will be more serious."
Speaking at the National Assembly ahead of the vote, National Rally leader Marine Le Pen, whose party's goodwill was crucial to keeping Barnier in power, said, "We've reached the moment of truth, a parliamentary moment unseen since 1962, which will likely seal the end of a short-lived government."
"Stop pretending the lights will go out," hard-left lawmaker Eric Coquerel said, noting the possibility of an emergency law to levy taxes from January 1, based on this year's rules. "The special law will prevent a shutdown. It will allow us to get through the end of the year by delaying the budget by a few weeks."
While France is not at risk of a U.S.-style government shutdown, political instability could spook financial markets.
France is under pressure from the European Union to reduce its colossal debt. The country's deficit is estimated to reach 6% of gross domestic product this year and analysts say it could rise to 7% next year without drastic adjustments. The political instability could push up French interest rates, digging the debt even further.