Overview
- The Senate convenes at 12:00 to vote on the 2026 Budget and the Inocencia Fiscal bill, seeking the first spending plan drafted by the Milei administration.
- The government says it has a majority for general approval, but Article 30 and Article 12 face resistance; any change would force an immediate return to Deputies with sessions slated for Dec. 29–30 or Jan. 5.
- Article 30 would remove statutory funding floors for education and science, including the 6% of GDP for education, the path to 1% of GDP for science by 2032, and 0.2% for technical education, drawing opposition from parts of the UCR and Convicción Federal.
- The vote count is reinforced by the swearing‑in of libertarian Enzo Fullone, with LLA backed by UCR, PRO and provincial allies, as the Kirchnerist bloc pledges to vote against the bill.
- The budget projects about 5% GDP growth, 10.1% annual inflation and an official dollar near $1,423 by December 2026 to underpin debt authorization and policy credibility, while Inocencia Fiscal raises penal evasion thresholds and creates a simplified income‑tax declaration regime.