The opinion on the 2026 budget, which the ruling party obtained with difficulty and by one vote in the House of Representatives Budget Committee, It will inevitably expire at the end of the month. That day ends the period of regular sessions of Congress, and given the imminent legislative change – on December 10 – all those opinions that did not receive at least half the penalty in either chamber will lose their validity. The 2026 budget is no exception.
In other words, without technical details, the ruling party A new provision must be renegotiated from scratch With the opposition if it intends – as it said – for Congress to approve the 2026 budget law before the end of the year and in special sessions.
The problem is that The calendar is tight. Only on December 10 will the elected representatives take office, and only then can the Budget Committee, the body responsible for sending the corresponding opinion, be established with new members. The ruling party, which will see its representation strengthened after its electoral victory, She hopes to paint this strategic committee in purple; If he succeeds (which we will see yet) he will have just taken the first step.
The journey that awaits you It is the most thorny. Once the ruling is issued, the ruling party must call a session in the House of Representatives to approve it. If he enjoys an automatic majority – as was the case with the Kirchner doctrine at the height of its glory – then he should not fear difficulties. but, With 91 deputies, it is still far from a majoritythe special treatment of each material can mean a Real headache To the government if you reach the building Without reaching basic agreements With at least one sector of the opposition.
The House of Representatives is the most difficult obstacle to overcome, but the process does not end there: The Senate still has its turn to complete the punishment. This is where the ruling party is He must show his greatest political waist The slightest amendment to the text approved by the representatives will force it to return to the original assembly. More than a delay, a defeat for the ruling party.
Record time
Ultimately, discussing and approving a budget is work that, due to its complexity, usually requires several weeks of legislative processing. The government wants to complete the process in just 20 days. parties between them.
What will happen if the law is not passed in time on December 31? The government must redirect the budget currently in effect; This is stipulated in the Financial Administration Law. This would allow him to manage the state’s resources at his discretion, but it would bring him more problems than advantages.
actually, The third consecutive decline in the budgetThese elections, which are unprecedented in parliamentary history, will not only displease the markets and the International Monetary Fund, waiting for the government’s ability to generate governance capacity, but also It would undermine what little confidence the Conservatives and the opposition already have. Without this trust, it will be difficult for the government to advance its immediate agenda, labor and tax reforms.
The majority of provincial leaders, with their nuances, had already expected the Minister of the Interior Diego Santillitouring the interior, his willingness to discuss all these rules. They cautioned that this does not mean a blank check. Before that, in discussing the 2026 budget, the government must prove whether its call for openness and dialogue is real. In other words, if the Minister of Economy Louis Caputo Whether you are ready to open your wallet or not.
The demands are repeated: Public works, state guarantees to assume debts from provinces abroad, transfer of funds owed to the 13 pension funds that have not been transferred to the state, more equitable distribution of ATN and collection of fuel tax. Some governorates, such as: Kappa and Rioja They demand, for their part, the due proportions of the common share retained by the nation.
Santilli takes note of the demands, But he hasn’t promised anything yet. We were able to move forward in a deep, but clear, dialogue There are issues that one must work on with the president“, warned the Minister as he left the meeting with the Governor of Santiago del Estero, gerardo Zamora, The last meeting was held before the long weekend.
Zamora, the newly elected senator, promises to become a major player in the Senate’s political council. Before his meeting with Santili, he received dozens of northern rulers in his stronghold, and agreed with them that he would restore A new meeting with President Miley If budget negotiations do not advance.
In that meeting with the governors, where A Offensive potential if the governmentUnder the pretext of maintaining financial balance, he does not react: he will be offered a project Re-discussing the Customs Collection and Control Agency (ARCA) financing schemean organization with a budget of $1 billion and accounts for 1.9% of total net tax collection and customs resources. More than one project, a blow to the government.