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Milei Leverages Midterm Wave To Pass Budget And 'Inocencia Fiscal' In Senate

Pragmatic deals in Congress signal a tactical shift toward delivering visible reforms.

Overview

  • La Libertad Avanza became the largest minority in the Chamber of Deputies after the October 26 vote, posting gains in Buenos Aires, Santa Fe, Córdoba and Misiones.
  • The government won comfortable Senate approvals for the Budget and the 'Inocencia Fiscal' law after negotiations that included sharing Auditoría General de la Nación posts with Peronism.
  • Post‑October polling cited by La Nacion shows antiperonism surged from 3% to 46% as a driver of LLA votes, reshaping the coalition’s electoral engine.
  • Analyses emphasize that 2026 will hinge on executing labor, tax and pension changes with capable implementation and stronger institutional support rather than relying on floor majorities.
  • Peronism is portrayed as weakened and divided, while polarization remains a statistical necessity for LLA heading into 2027.