Argentine President Javier Milei gestures during a Casa Rosada interview confirming no veto on 2026 budget.
Argentine President Javier Milei gestures during a Casa Rosada interview confirming no veto on 2026 budget.
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Milei confirms no veto on 2026 budget, discusses economy and scandals in La Cornisa interview

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President Javier Milei confirmed in an 80-minute interview on 'La Cornisa' that he will not veto the 2026 national budget following its half-sanction in the Chamber of Deputies, stating his government will adjust items via expense reallocation to achieve zero fiscal deficit. Recorded at the Casa Rosada with journalist Luis Majul on December 21, 2025, Milei praised congressional productivity, noted Senate allies' support for the bill without changes, and addressed economic progress, alleged scandals, reforms, and political figures.

The interview, aired on La Nación+ channel, saw Milei declare: 'I am not going to veto the Budget,' emphasizing its foundation in zero deficit. 'What we will do is adjust the items... through reallocation of expenses or reformulation of resources,' he explained. He commended the Lower House for achieving quorum and chapter-by-chapter approval under officialism's leadership.

Allied Senate leaders, in a virtual Zoom meeting on December 21, agreed to back the budget unmodified, with debate set for December 26 in extraordinary sessions.

Milei highlighted economic milestones: his administration purchased $30 billion, repaid $50 billion in debts, and employs floating exchange bands to manage dollar volatility. With 5% growth projected, he anticipates buying another $10 billion. Country risk fell to 560 points—the lowest since 2018—signaling the end of the 'kuka risk,' a label he attributed to foreign analysts. On subdued consumption metrics, he urged examining digital sales like Mercado Libre's figures.

Addressing controversies, Milei denied irregularities in the $Libra case, asserting 'there was no crypto-scam' as U.S. authorities released the funds. He dismissed leaked audios alleging bribes at the National Disability Agency (ANSES) as fabricated—possibly edited or AI-generated—citing former director Diego Spagnuolo, and framed them as part of a 'negative campaign.'

In a personal vein, Milei likened his demeanor to a 'frozen' Walt Disney and evaded 2027 re-election questions, noting 'my political life is four years or eight' and 'you won't see me anymore after.' He recommitted to 13,500 structural reforms, working 16-hour days to deliver on promises like slashing inflation and insecurity—reducing pickets from 8,000 to zero, positioning Argentina as Latin America's safest country.

In rapid-fire characterizations, he dubbed Donald Trump 'Gardel with an electric guitar,' Nicolás Maduro a 'narco-terrorist dictator,' and Cristina Fernández de Kirchner 'deplorable.'

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Reactions on X to Milei's confirmation of no veto on the 2026 budget in the La Cornisa interview are predominantly positive among supporters, who applaud the plan to reallocate expenses for zero fiscal deficit without tax hikes. Media outlets shared clips and quotes neutrally, while some skeptical voices highlighted concerns over rejected chapters on disability and university funding, questioning the feasibility of adjustments.

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Argentine officials, including Economy Minister Luis Caputo, Karina Milei, Martín Menem, and Patricia Bullrich, meet at Casa Rosada to discuss the 2026 budget.
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Government meets with Caputo to fine-tune 2026 budget

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The government's inner circle met on Monday with Economy Minister Luis Caputo at the Casa Rosada to review details of the 2026 Budget and define its approval strategy in Congress. The meeting, led by Karina Milei, included key figures like Martín Menem and Patricia Bullrich, though President Javier Milei did not participate. The focus was on legislative support and consensuses with allied governors.

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.

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President Javier Milei spoke at the American Business Forum in Miami, thanking Donald Trump, reaffirming his economic direction, and pledging to build majorities for reforms. He criticized communism and the 'kuka risk' while commenting on New York elections. He received the city key from Mayor Francis Suárez.

Argentina's Senate will convene this Friday to approve the 2026 Budget, with secured support for general approval but resistance to Article 30, which eliminates funding targets for education and science. The ruling party aims to pass it unchanged after lower house approval, while negotiating with allies to protect the controversial provisions. Javier Milei's government views this law as essential for its fiscal roadmap and signals to international markets.

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Argentine President Javier Milei will travel to Madrid to participate in the Madrid Economic Forum, organized by cryptocurrency-promoting companies, and meet liberal figures. This is his fourth visit to Spain since taking office, and it is not an official tour. He will also receive a prize in honor of Ludwig von Mises.

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.

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Justice Minister Juan Bautista Mahiques defended President Javier Milei in the $LIBRA case, calling it “imprudent” to attribute crimes to him. Critics like Carlos Maslatón and Carlos Bianco sharply questioned Milei and his circle over alleged evidence in the probe. Milei backed Manuel Adorni in Córdoba without mentioning the scandal.

 

 

 

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