He The national government managed to push through its decision on the 2026 budgetwhich could be debated in the congress premises this Tuesday Chamber of Deputiesin a special session that has already been called by the ruling party. Advances in freedom achieved the necessary signatures thanks to the support – with dissidents – of Pro-UCR locking and from allied governorsin a tense political negotiation.
In the Budget and Finance Committee is the three opinions: one for the majority, promoted by the ruling party, and two for the minority, presented by United Provinces And Union for the Homeland. The official office gathered 28 signatures, six of them in partial rejectionand added a key change at the end that sparked controversy: the incorporation of the Article 75what the Repeal of the Disability Emergency Act and the University Financing Act.
These are two norms whose compliance was demanded by broad parts of the political spectrum, including several blocs that ultimately supported the government’s decision.
The “repealed” laws and the institutional conflict
Both laws together with the pediatric emergency known as Garrahan Lawwas “exposed“by him Executive power at the time of its announcement. This decision was met with strong opposition in Congress and was considered unconstitutional by various blocs that remembered that these norms had existed voted and persisted with a difficult majority.
The tension was again evident this Monday and could emerge with violence again as time goes on special votewhere several MPs assume that they will not support the repeal of these articles, even if they support the budget in general.
The debate was led by Alberto “Bertie” Benegas LynchPresident of the Commission, while the head of the libertarian bloc, Gabriel Bornoronidefended the project he submitted briefly and succinctly Javier Milei. He assured that the 2026 budget guarantees this Budget balance and ensures predictability what the state will spend, how it will do it and by what means.
The parliamentary secretary of La Libertad Avanza, Silvana Giudiciwas one of those responsible for completing the process and gathering the final endorsements necessary for the majority opinion.
Support for the official text came from the PERThe UCRHe CENTER, Federal innovation – Space that brings together representatives of the governors Gustavo Saenz (Salta) And Hugo Passalacqua (missions)—, I choose Catamarca (Raúl Jalil), production and work (Marcelo Orrego) and the block independencealigned with Osvaldo Jaldo (Tucuman).
Cross-criticism and warnings from the opposition
Out of Union for the Homelandthe deputy Pablo Yedlin He sharply questioned the inclusion of the article abolishing social laws and opposed the lawmakers who had facilitated the rise of the ruling party. He spoke of a lack of institutional respect and generally called for consistency from those who vote on the budget.
“There is money to avoid further taxes when buying and selling property, but there is no money for disability“, he summarized Nicolas Massotone of the speakers of the opinion of United Provinces.
ATN, governors and gestures from the Casa Rosada
Parallel to the legislative debate, the Pink house Concrete incentives activated to ensure provincial support. In the last few days accelerated the distribution of National Treasury Contributions (ATN) from 43 billion dollarswith transfers Tucuman, Misiones and Chaco.
In addition, the executive branch transmitted to Congress the Reform of the Glacier Actan initiative long requested by the Cordillera governors Millionaire mining investments in their provinces.
PRO debt claim against the city
The PRO dissidence contained a concrete proposal for the debt that the nation maintains with the state City of Buenos Aires. The head of government of Buenos Aires demands the payment of $274 billion and that the 2026 budget contains a clause guaranteeing the weekly transfer of the 1.55% of the mass involvedin accordance with a positive decision by the Supreme Court.
The Union’s alternative proposal for the homeland
The minority opinion of Union for the Homeland was presented by his block head, German Martinezwho detailed an alternative budget plan he was focusing on Ensuring university fundingThe full validity of the disability emergency and resources for pediatric emergency.
The opposition project also provides for the following:
- Continuity of Cold zone regime
- Automatic of family allowances
- Recomposition of Retirement benefits affected by the formula change
- Update the Pension bonus
- Restoration of Incentive Fund for Teachers and the wage compensation fund
- guarantee Teaching and non-teaching partnerships
- Strengthening the system Scholarships and strategic career prioritization
In addition, games are included for paralyzed worksInfrastructure like Magdalena Canal and the Chaco-Corrientes Bridgethe refund of funds to the 13 State pension fund not transferredgreater participation from Tax on liquid fuelsa more predictable distribution of ATNincentives to do so renewable energy and funding for ENARD.
Finally, Martínez reiterated that his bloc will continue to defend these flags “with conviction,” stressing that there are always alternatives when they are combined.Head, heart and courage“.
The macro projections of the 2026 budget
The project presented by the executive provides for the following in 2026:
- GDP growth of 5%
- Annual inflation of 10.1%
- Exchange rate of $1423 for December
- increase of 10.6% in exports
- increase of 11% on imports
- Primary surplus of 1.5% of GDP
- Financial surplus of 0.2% of GDP
These estimates are in contrast to those of the International Monetary Fundwhich forecasts growth for Argentina in 2026 4% and inflation of 16.4%.
Tax changes and energy
The opinion contains an article that: exempts liquid fuels and carbon dioxide from tax liability to imports from Diesel and diesel oiland its commercialization on the domestic market in 2026. The measure is intended to cover the following Energy demand peaks that cannot be provided through local production.
The text also maintains this Elimination of minimum funding targets B. for education, science and defense, makes the state’s obligation to compensate traders more flexible – by “will determine” To “will be able to determine“Income differences – and Extension until 2045 Tax exemption for renewable energy.
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