Benegas Lynch ratified to lead budget committee in deputies

The Budget and Finance Committee in the Chamber of Deputies ratified Alberto 'Bertie' Benegas Lynch as president, as La Libertad Avanza speeds up the 2026 Budget process. The ruling party aims to issue the report on Tuesday and bring it to the floor on Wednesday, despite opposition demands for financial compensations. Negotiations persist amid tensions between allied blocs and the opposition.

The Budget and Finance Committee of the Chamber of Deputies confirmed Alberto 'Bertie' Benegas Lynch as its president on Monday, proposed by Salta's Carlos Zapata. This ratification signals the start of a crucial week for La Libertad Avanza's ruling party, which is pushing for an expedited handling of the 2026 Budget. The plan is to obtain the majority report at noon on Tuesday and debate it in the plenary on Wednesday, according to government sources.

However, negotiations with dialoguist blocs keep matters in suspense. The opposition demands financial compensations for their districts in exchange for the 28 signatures needed to surpass Unión por la Patria's minority report. The PRO claims the return of coparticipation funds for the City of Buenos Aires and a more equitable distribution of the Liquid Fuels Tax, arguing for funds to handle local infrastructure amid reduced national public works. Meanwhile, Mendoza's radicalism and other provincial sectors seek guarantees for international borrowing.

Interior Minister Diego Santilli stationed himself at Congress to strengthen ties with governors and allied blocs. Tensions arose during the meeting: Germán Martínez of Unión por la Patria wished Benegas Lynch luck but criticized that José Luis Espert had set 'the bar very low.' Additionally, Maximiliano Ferraro of Unidos accused the government of 'arbitrariness' for excluding their interbloc, countered by Silvana Giudici of LLA, who cited Juan Schiaretti's health issues.

The committee will meet again on Tuesday, alongside a joint session with the Penal Legislation Committee to advance the Fiscal Innocence Law and the National Commitment Law for Fiscal Stability, which is causing friction even among allies. The government remains optimistic, believing no bloc wants the political cost of leaving the administration without a budget for the third consecutive year.

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Illustration of Chilean finance committee voting on megareform bill.
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Finance committee approves idea of legislating megareform with ruling party votes

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The Finance Committee of the Chamber of Deputies approved on Thursday the idea of legislating the national reconstruction megareform project. The initiative advanced with eight votes in favor from ruling party lawmakers, four against and one abstention from the PDG.

Economy Minister Luis Caputo and La Libertad Avanza Senate bloc leader Patricia Bullrich met with allied senators to discuss public works, regional economies, and fiscal balance. The meeting included UCR representatives and provincial dialoguist blocs. The government aims to garner support for its legislative agenda, including electoral reform.

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The finance commission approved the core of president josé antonio kast’s reconstruction megaproject on thursday after 15 hours of debate. The progress leaves divisions in the christian democrats between deputies and senators, while the opposition plans to obstruct the process.

The Partido de la Gente announced on Wednesday that its agreement with the government to back the megareform bill has collapsed, accusing the administration of failing to include middle-class benefits such as VAT refunds on medicines and diapers. The decision marks a sharp turn after weeks of talks and internal divisions within the party.

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Chilean ruling coalition leaders at La Moneda demanded direct benefits for the middle class in the National Reconstruction Plan to be unveiled by President José Antonio Kast on Wednesday. The plan includes 43 measures on taxes, permitting, and post-fire rebuilding. Chamber of Deputies President Jorge Alessandri criticized the absence of explicit support for this group.

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