The Buenos Aires House of Representatives met this afternoon to grant parliamentary status to the Budget, Finance and Tax Law project and to approve an application for authorization of debt assumption worth $1.99 billion sent by the State Executive to Congress.
The initiative is scheduled to be debated next week in the State House of Representatives’ Budget and Taxation Committee, chaired by Christian deputy Juan Pablo de Jesús and accompanied by radical Maria Silvina Vacarezza as vice president.
The commission told El Dia that it hopes to discuss Governor Aksel Kisilov’s economic policies in the last week of November.
As of December 10, there are 37 members from the Patria Union (UxP) and 13 from the PRO. Freedom Advance 12. UCR + 9th place on the Federal Exchange. 6 songs from We Are Buenos Aires. six more from Union and Liberty; 3 people from Nuevos Aires. 3 people from Citizens Union. Two from the left and one from the right. To approve the initiative, the ruling party needs votes from the 62 members present in the chamber.
But beyond negotiations with the opposition bloc (which has already called on the Kisilov government to “cooperate” with positions in constitutional bodies and the Supreme Court), other discussions are taking place within the UxP bloc. Here, of the 37 members of parliament, La Campora and Massismo together make up to 20 members, which is more than the number of MPs supporting Xylofismo.
To overcome suspicions between Fundamentally Christian and the governor’s allies, the faction’s Facundo Tignanelli, then chairman of the UxP bloc, announced this week: “We will work to get this budget passed, and we hope that we can achieve it.” “What we’ve gotten from the opposition is a willingness to start refining the standards to make this happen,” he said.
Deputies from Aksel Kisilov’s Movement for the Future hope to prove Kurstinism’s bona fides by helping push for approval of the state government’s economic policies. Only a few days remain until Maximo Kirchner’s term as state PJ president expires on December 10th.
budget, taxes, debt
The 2026 state budget projects total spending of $43 billion, compared to the $36 billion disbursed this year. And it details $3.2 trillion in capital spending, $1.7 trillion in social assistance, $1.7 trillion in health care, $1.3 trillion in education, and $1.4 trillion in security and prison services.
In the tax chapter, the economic official who prepared it said that the rate of integrated income tax (IIBB) will remain unchanged. 75% of vehicles in the PBA will see a “nominal reduction” in tolls, and the mechanism for setting tolls for urban (residential and vacant land) or rural properties will also remain unchanged.
But arguably the governor’s most focused effort is his request for authorization to assume $1.99 billion worth of debt. “We specifically need financing legislation to ensure that we can maintain normal operations next year,” state leaders said during the official presentation of the economic initiative at the Governor’s Office.
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