The government managed to move forward with the report on the Budget Law.

The government managed to move forward with the report on the Budget Law.
Javier Milei and Bertie Benegas Lynch
porEditorial Team
Argentina

With opposition support and renewed political leadership, Milei strengthens governability in Congress

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The ruling party achieved a key victory in the Chamber of Deputies on Tuesday by securing the majority report for the 2026 Budget, after an intense debate that marked the return of political initiative to Javier Milei's government.

With support from PRO, the UCR, and provincial legislators, La Libertad Avanza (LLA) reached the 20 signatures needed to prevail in the Budget Committee, chaired by Bertie Benegas Lynch, who broke the tie with his vote and celebrated the result on his birthday.

Javier Milei y su gabinete junto a los gobernadores.
Javier Milei y su gabinete junto a los gobernadores.

The newly appointed Minister of the Interior, Diego "Colo" Santilli, played a central role in the negotiations. He personally participated in the committee and requested that the floor debate take place after December 10, when the new deputies are sworn in. "Society voted for change, and that change must also be reflected in the budget debate," he stated.

The maneuver was interpreted as a political victory for the new parliamentary coordination team composed of Karina Milei, Patricia Bullrich, Santilli, and Martín Menem, the core group responsible for coordinating the relationship between Casa Rosada and Congress.

The bill reaffirms the path of fiscal balance and reduction of public spending, with a projection of lower spending relative to GDP in three decades and the prohibition of Treasury financing by the Central Bank. In Balcarce 50, officials celebrated the result as a sign of strength and economic predictability for the markets.

Meanwhile, from the opposition, Kirchnerism presented its own report, with criticism of Minister of Economy Luis "Toto" Caputo, whom they accused of "hiding the deficit." Peronism tried to gain support among the federal blocs, but its lack of internal cohesion left it with no room to maneuver.

In parallel, the Encuentro Federal group —led by Oscar Agost Carreño— proposed an alternative text with a surplus of 0.89%, which was supported by sectors of Lousteau and Manes, although it did not achieve a majority.

Despite partial dissent from PRO and UCR, the ruling party managed to organize the legislative board and set the process on track for December, with a more favorable parliamentary composition.

Javier Milei.
Javier Milei.

The Peronist bloc, which will meet this Wednesday, effectively acknowledged its defeat: it ruled out requesting an immediate session and admitted that the government has the agreements to postpone the debate.

With this move, Milei gains time and political leeway to negotiate the final adjustments to the budget plan with the governors, with the certainty that he will be able to veto any attempt to alter fiscal balance once the new Chamber takes office.


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