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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Argentine Chamber of Deputies President Martín Menem speaking at a podium, warning of budget veto amid fiscal concerns in a tense legislative setting.
Picha iliyoundwa na AI

Officialism warns of budget veto without fiscal balance

Imeripotiwa na AI Picha iliyoundwa na AI

Following legislative elections, Argentina's officialism warned the opposition it will veto the 2026 Budget if it fails to ensure fiscal balance. Chamber of Deputies President Martín Menem stressed the need for rationality to avoid political chaos. The government aims to delay the debate until new legislators take office on December 10.

The Chamber of Deputies began a tense session to debate the 2026 Budget, where the officialism achieved quorum and bets on a chapter-by-chapter vote. The opposition criticizes cuts in education, health, and disability, while defending derogations of recent laws. The Government projects 10.4% inflation and 5% GDP growth.

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Building on the Senate committee's recent dictamen approval excluding a controversial Deputies-rejected chapter, Patricia Bullrich is urgently mending ties with PRO, UCR, and governors upset over exclusive deals, ahead of the December 26 session on the 2026 Budget and Fiscal Innocence Law.

President Javier Milei convened his cabinet to a meeting at the Quinta de Olivos on Monday, including an asado, to assess 2025 management and outline priorities for 2026. The gathering aims to solidify the unity of the renewed team and advance key reforms such as the Inocencia Fiscal law and the 2026 Budget. It highlights internal reorganization and legislative strategy amid economic achievements.

Imeripotiwa na AI

La Libertad Avanza, President Javier Milei's party, secured a surprise victory in the October 26, 2025, legislative elections, exceeding 40% of votes nationally and overturning defeat in Buenos Aires province. The win, boosted by U.S. financial support, strengthens the ruling party's hold in Congress. Peronism, led by Fuerza Patria, placed second with about 31%, amid the lowest voter turnout since democracy's return, with over 12 million abstentions.

Argentine Senator Luis Juez has formally joined the La Libertad Avanza bloc in the Senate, bolstering Javier Milei's officialism ahead of the labor reform vote scheduled for Friday. The move brings the bloc to 21 senators and, with allies, reaches 44 out of 72 votes. Juez aims for the Córdoba governorship in 2027 and praised the president's moderation.

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Javier Milei's government is pushing for approval of its labor reform in the Senate by early February, convening opposition leaders. Meanwhile, Salta Governor Gustavo Sáenz warns of fiscal impacts on provinces, and Peronism presents an alternative project without a unified stance.

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