The own Javier Milei confirmed last week on his social networks that he will veto the University Financing Act sanctioned by Congress, which increases the budget allocated to educational institutions. However, The ruling party fears the reaction that the presidential decision could have in the streetsand took note of the warnings given to them by opposition deputies.
The issue was addressed at the table formed by the Executive and the allied blocs in the Chamber of Deputies, which took place on Monday in Casa Rosada. The PRO deputy attended with a bulging folder Alejandro Finocchiaroformer Minister of Education and of the Province of Buenos Aires, who informed the Government about the impact that a reduction in the budget would cause.
In statements after the meeting, the deputy explained that “the veto of the university budget is complicated” and considered that “a balance must be achieved between fiscal savings and meeting reasonable demands.” According to what he was able to find out Scopethe former minister He suggested to the Government that a dialogue table be held with the rectors of national universities.
The heavenly forces respond that the final decision is up to the President. “Milei was blunt with his zero deficit plan in the presentation of the Budget,” explained sources with an office in Balcarce 50 to this newspaper. However, the same sources assure that The government took note of the advice. And it is no wonder: the Executive still remembers the massive mobilization and strike of April 23, when thousands of people took to the streets to protest against the critical state of universities.
University funding: the differences between the government and universities
With 57 votes in favor, 10 against and 1 abstention, the Senate approved the University Financing Law last week. The law provides for an increase in the budget allocations for the operation of higher education institutions, as well as an update in the salaries of teachers and non-teaching staff.
The measure would generate a fiscal impact of $735.598 millionwhich represents 0.14% of GDP, according to the Congressional Budget Office.
University march 1
In return, The 2025 Budget presented by Milei authorizes a total expenditure for national universities of $3.8 billion and, if approved, would enable an audit scheme with which the Ministry of Human Capital could suspend transfers. This It is about half of what the National Interuniversity Council (CIN) is asking for for educational institutions to continue operating, which is $7.2 billion.
Added to this is the fact that the suspension of the Teacher Incentive Fund, which has been in effect since January and which has provoked complaints from the opposition in the Chamber of Deputies, which has sought, although still unsuccessfully due to differences in the opposition blocs, to pass a law to restore the FONID.
From the opposition, promoters of the initiative for university financing anticipated that, as soon as the presidential veto comes to light, They are going to call a special session to insist on the law, in parallel with a new national university march.
Source: Ambito
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