Overview
- In Argentina, La Libertad Avanza secured a majority opinion on the 2026 budget after a 20–20 tie was broken by Commission President Alberto ‘Bertie’ Benegas Lynch’s double vote.
- The committee-backed text reproduces the executive’s draft without changes, including projections of roughly 5% GDP growth, about 10% inflation, and an exchange rate near 1,423 pesos by December 2026.
- The government signals it will seek floor consideration from December 10 in extraordinary sessions to shore up votes, with Interior-designate Diego Santilli appearing to sign the majority report.
- Opposition blocs filed alternatives, including a total-rejection opinion from Unión por la Patria with 20 signatures and separate minority texts from Encuentro Federal–MID–Democracia para Siempre and the Left Front.
- In Mexico, the Chamber of Deputies approved the 2026 spending plan in general by 358–133 within a 10.1–10.2 trillion–peso envelope, then recessed to process roughly 1,700 reservations amid disputes over security cuts, reductions to autonomous bodies, and shifts toward social programs and infrastructure.