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Caputo Takes Lead on 2026 Budget as Government Readies Revised Bill

The administration is rewriting the bill to lock votes in extraordinary sessions and open the path for labor and tax proposals.

Overview

  • Javier Milei’s inner circle met with Economy Minister Luis Caputo, who was designated the final arbiter of provincial funding requests and tasked with the budget’s final redaction.
  • The executive plans to present a modified or newly negotiated 2026 budget after the Dec. 10 congressional renewal, requiring a fresh committee ruling in extraordinary sessions.
  • Officials said dates to unveil labor and tax reforms will be set in the coming days, as the government courts allied governors and weighs an emerging federal interbloc for key votes.
  • Chaco’s Leandro Zdero publicly backed the national budget and labor reform, while Río Negro’s Alberto Weretilneck signaled coordinated work on priorities tied to the reform agenda.
  • In Buenos Aires Province, legislators issued majority reports for the 2026 Budget and Fiscal Law, but the debt authorization requiring a two‑thirds majority was postponed to Nov. 25, with a possible floor debate on Nov. 26 and ongoing talks over a fixed municipal fund and pending appointments.