Javier Milei described the passage of the budget bill by the Senate as a “historic milestone”
President Javier Milei described this Saturday the agreement reached in the Senate to pass the budget law and the fiscal innocence law as a “historic milestone”, claiming that the law of Friday evening is the “most important legislative period in the history of Argentina“.
Furthermore, in a conversation with Radio Miter, he emphasized that the new tax innocence law is “one of the most important of the last hundred years” because, as he explained, “politics have reached a point.” Degree of perversion “This violated a fundamental question of the law, namely the presumption of innocence.”
And in this too, “there is something historical that we Argentinians have.” “the principle of innocence restored” On the tax issue, Milei added, referring to the extensive session in the Senate on Friday, in which the ruling party achieved the approval of the budget for 2026 and advanced the tax innocence law with 46 votes in favor, 25 against and only one abstention.
As a result of managing this year 2025, Milei claimed that “it was the year…” We break the inertia of a hundred years of decadence“Looking ahead to 2026, we are determined to embark on the path of rebuilding Argentina and making this country great again.”
Among other plans for the coming year, he said he would be in Congress with the new composition after the October elections “The new labor law is in committee and we are working with the provinces on the Glacier Law to help them define their periglacial areas to move forward on mining issues, including tax reform and increasing penalties in criminal cases.”
“Just as we were committed to the Argentinians, we got to work when the composition of the Congress changed,” Milei said.
On the other hand, he once again defended the “zero deficit” as the most important achievement of his government. And he pointed out that “The budget deficit is deeply immorall, because regardless of congressional approval of the deficit, it must be financed, and if it is financed with debt, that is absurd.”
In a vehement defense of this achievement, Milei explained it in terms of public policy “All necessary adjustments will be made, but the zero deficit will not be affected”. At this point he took up the calls for cuts in the disability law and admitted that from Casa Rosada “we will work to remedy this situation, but with the zero deficit policy”.
In addition, by announcing that he would publish an academic article entitled “The Invalid Debate,” he once again questioned “the conceptual errors of economists and the serious consequences they have for the population.” In this sense, I refer you to those who suggest “financing the deficit with inflation, because that is direct.” Putting our hands in people’s pockets with an unlawful tax.”
Argentine President Javier Milei at the 67th Mercosur Heads of State and Government Summit. Xinhua“About this whole situation We have put an end to the systematic theft of Argentine politicswhich corresponded to a deficit of zero,” he noted, claiming that “we have reduced public spending so much that we have given Argentines back two percentage points of GDP.”
Milei reiterated that we are “deeply connected” to his government is committed to reducing the size of the state, particularly what causes spending and corruption.”
Regarding the economic and financial situation, the President confirmed his adjustment plan to “achieve a series of objectives between June and August next year.” Inflation that starts from zero“And pointing out that there had been a “currency lag” of 26 months, he also questioned the decade-long decline that Argentina had suffered in this regard, to the point that “thirteen zeros were removed from the currency.”
In this context, he surprised with the note “Three more zeros could be added to the peso” according to parity with the dollar. There was “a monetary catastrophe in the country, which was reflected in rising inflation rates and which, with the distortion, affected economic growth,” he said.
Milei is proud of his cabinet and the new budget
“I celebrate these radical senators who accompanied this law and left aside those who tarnished the history of radicalism,” Milei said, highlighting the work of officials and leaders who managed to reach an agreement on the 2026 budget.
In addition, he explained that the budget has “the highest” funding for universities and pensioners when comparing previous years’ forecasts in percentage terms.
In this context, he said he felt “deeply honored by the privilege that Argentines have given me to reach the place I occupy and by the historic challenge of putting Argentina back on its feet,” stressing that for this he has a “team made up of giants and, above all, things that they are.” great people.”
“This government defines its policy in terms of moral values”, Milei highlighted and to counter the criticism he receives from the opposition, he pointed out that his “It is not an insensitive government, “It is a government that is taking action against the jets and as a result the Minister (of Human Capital, Sandra) Pettovello has 15 cases in court.”
Milei pointed out that “you attack the thieves and then they report it and report it in the media.” He then praised Economy Minister Luis Caputo, defining him as “a giant who has managed the money tables of the largest corporations in the world.”
“Argentina will pay for it” confirmed the question of whether the debts to the IMF will be paid and pointed out that “Minister Caputo” will determine how the planned amounts will be paid out.