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.

Makala yanayohusiana

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.

Imeripotiwa na AI

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.

Chief of Staff Manuel Adorni led the year's first officialist political table meeting to devise a strategy ensuring the labor reform's approval in Congress. Interior Minister Diego Santilli will start a tour of key provinces like Salta, Neuquén, and Entre Ríos to negotiate compensations amid unrest over Income Tax changes. This effort aims to address governors' concerns who are conditioning support on fiscal adjustments.

Imeripotiwa na AI

Chile's Finance Ministry has summoned opposition advisors for a Monday virtual meeting to explain the public sector adjustment bill's controversial 'tying' clause, following initial backlash from president-elect José Antonio Kast's team. The session aims to smooth congressional processing from January 5, while the presidential office orders political appointees to take pending vacations before March's government handover.

The Senate's Finance Committee started reviewing the public sector readjustment bill, presented by Finance Minister Nicolás Grau. Deputies approved a 3.4% gradual salary increase but rejected the 'tie-breaker norm' aimed at greater job stability. Opposition anticipates rejecting that provision again in the Senate.

Imeripotiwa na AI

Patricia Bullrich swore in as a national senator for La Libertad Avanza in Argentina's Congress on Friday, bidding farewell to her role at the Ministry of Security. During the ceremony, she clashed with Vice President Victoria Villarruel and announced plans to investigate the transparency of the Argentine Football Association (AFA) from the Senate. The event featured incidents like a dispute over a seat for Karina Milei.

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