Overview
- The 2026 Budget was sanctioned as Milei’s first spending plan, but it lost Chapter XI after a vote-by-chapters maneuver following the opposition’s rejection of Article 75 on university funding and disability emergency.
- The Senate also approved the so‑called fiscal innocence law, which incentivizes the use of undeclared dollars.
- Labor reform secured a committee ruling yet its floor debate was postponed to February, with Patricia Bullrich, Martín Menem and Interior Minister Diego Santilli set to lead vote‑building talks and accept changes to the draft.
- Opposition unity cracked as three senators tied to governors—Guillermo Andrada (Catamarca), Sandra Mendoza (Tucumán) and Carolina Moisés (Jujuy)—backed the Budget, exposing divisions within Unión por la Patria’s 28‑member interbloc.
- The fiscal ‘Compromiso nacional’ was sent back to committee over constitutional concerns, the glaciers law rewrite gained committee support but lacked consensus for a vote, and a Penal Code overhaul was not processed; the Presidency is expected to call new extraordinary sessions for February.