Overview
- An extraordinary Senate session set for noon Friday will debate the 2026 Budget and the Inocencia Fiscal bill that updates tax‑crime thresholds and adds a simplified income‑tax declaration.
- La Libertad Avanza counts on a working majority to pass the budget in general, but UCR senators and four members of Convicción Federal plan to vote against key provisions, narrowing margins in article‑by‑article votes.
- Article 30, the central flashpoint, would scrap statutory floors for education and science funding, including the 6% of GDP target for education, the path to 1% of GDP for science by 2032, and the 0.2% for technical education.
- Any Senate change would force the bill back to the Chamber of Deputies for a rapid reconsideration window penciled in for December 29–30 or January 5, creating procedural risk for final passage.
- The government frames passage as essential to signal predictability to markets and the IMF, after Deputies preserved university and disability financing that the Congressional Budget Office estimates at a 0.5%–0.7% of GDP fiscal cost.