Overview
- The Senate opened debate around midday on Presupuesto 2026 and the Inocencia Fiscal bill, which together form the Milei administration’s year-end legislative push.
- Government allies estimate roughly 44–48 votes for approval in general, but the article-by-article stage is uncertain with a narrow margin on key provisions.
- Article 30 would repeal the 6% of GDP floor for education, the path to 1% of GDP for science by 2032, and the 0.2% allocation for technical education, drawing opposition from UCR senators Maximiliano Abad, Flavio Fama and Daniel Kroneberger and four members of Convicción Federal.
- If the Senate alters the text, the Budget must return to the Chamber of Deputies, which has sessions penciled in for December 29–30 or January 5 for rapid reconsideration.
- The Budget projects about 5–5.4% GDP growth, 10.1% annual inflation and an official dollar at $1,423 by December 2026, while Inocencia Fiscal raises criminal evasion thresholds to $100 million and $1,000 million and creates a simplified income declaration regime.