Overview
- Buenos Aires lawmakers begin formal committee debate led by Alexis Guerrera on a 2026 package that reserves 92.6% of spending for current outlays, seeks about US$3.865 billion in financing, and creates a 900 billion‑peso federal debt‑recovery fund plus a municipal investment fund.
- Opposition blocs in Buenos Aires signal support will hinge on negotiating pending Supreme Court appointments and setting a fixed, freely disposable fund for mayors.
- In Mendoza, the government moves to treat the 2026 Budget, Valuation and Tax bills on the floor, needing two‑thirds in the Senate for debt and roll‑over powers, with 19 officialist seats courting La Unión Mendocina and select Peronists to reach 25.
- Key Mendoza requests include ARS 240,000 million for road works, ARS 140,000 million for Metrotranvía expansions, ARS 100,000 million to launch the Tren de Cercanías, and authorization to refinance roughly ARS 350,000 million in 2026 maturities, with the Tren de Cercanías agreement also up for ratification.
- After a broad lower‑house approval in Mendoza opposed only by Kirchnerism, senators weigh concessions on education infrastructure and municipal works as Peronists reiterate objections to the tariff compensation fund and changes to state employee contributions.