The president made a sharp comment that sparked a wave of applause and boos simultaneously.
The President Javier Milei He pointed at the opposition during the presentation of the Budget 2025 And, while explaining how the initiative was going to be designed, he said: “I invite you to clear the ‘X’ with me again to understand what it is about. You can abstain because you have difficulty adding“he said, referring to the opponents present.
The statement generated a wave of applause, but also boos and signs of discontent from many of those present. “The caste is afraid,” part of the lower house began chanting immediately afterwards.
“Look, whether I read or not, you continue adding with difficulty, Martinez”, the president launched against the head of the Union for the Homeland bloc, German Martinezwho had criticized him for reading his speech.
Javier Milei promised to “change the methodology forever” with the 2025 Budget
We have decided that part of our legacy will be to forever change the methodology by which the Budget is prepared.
“The first premise we start from is that the surplus must necessarily equal or exceed the amount of debt interest to be paid. So, if the primary surplus is the result of netting income with current capital expenditure, primary expenditure will have to be equal to or less than income, less than the primary surplus. That is, the level of expenditure to be disbursed will be conditioned by the level of surplus to be achieved, which in turn will be conditioned by the observed income, net of the amount of interest to be paid on the debt,” he explained.
In this regard, he added: “If the economy does not grow and income is lower than expected, automatic spending will also fall.” and we will also reduce discretionary spending so that we can achieve a zero deficit. So this time it will be the public sector, not the private sector, that will absorb the effects of any shocks to the economy.”
Source: Ambito
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