One of the options currently being considered is to use the largest auditorium in Congress, which is the Budget Committee, to host the president, government officials, legislators and other attendees.
The presence of Milei According to the first forecasts, the parliament will be under a strong security operation. A more rigorous control similar to that of the Legislative Assembly of March 1stwith control rings around Congress.
It will also take place after the special session requested by the UCR, Encuentro Federal and the Civic Coalition to insist on said law, although to do so it will have to gather two thirds of the votes, an undoubtedly complicated goal.
Javier Milei will take the 2025 Budget to Congress: what the presentation will be like
The speech of Milei It will last as long as he needs to elaborate, since there is no limit in that sense, and once that task is finished he can leave without having to answer the concerns of the legislators present.
Government strategists are thinking about an extensive exhibition before the legislators, similar to the one the head of State made on the occasion of the opening of ordinary sessions on March 1st.
Parliamentary sources, in response to a query by Scopethey point out that the President can accompany the Minister of Economy in the informative meetings of the Budget Commission, but they point out that the first president “It has no authority to call a legislative assembly to discuss the budget, it is not part of either formality or tradition.”
It should be noted that the President is personally involved in drafting this law, which he considers essential for the consolidation of his government programme. “I designed a format that is not vulnerable to changes in the macro (economy),” pointed out Milei to his entourage in reference to the preparation of the budget project, according to this media outlet.
Zero deficit, the mother of all battles for Javier Milei
From this point of view, they explain that the intention of the first president is that, if for some reason the income were underestimated and in practice the resources of the State were higher than those expected, These surpluses will be used to lower taxes and not to increase spending, as has been done historically.
The presentation of Milei It will occur in the midst of the controversy over the veto of the pension mobility law and the repression of retirees in the areas adjacent to Congress.
The Government takes into account four fundamental criteria: the maintenance of fiscal balance, the granting of social plans without intermediaries, the modernization and simplification of the State, and an increase in the allocations for defense and security.
The authorities indicated that it is a priority to continue with the policy of zero deficitstrengthening the effectiveness and efficiency of public spending and emphasizing the reduction of political spending to prioritize sustaining the income of the most vulnerable sectors.
In this sense, the Executive ratifies the policies designed by the Ministry of Human Capital, which leads Sandra Pettovelloaimed at eliminating intermediation in plans, expanding social assistance to mothers and children in the most vulnerable sectors and protecting the purchasing power of pensions.
Role of the State and deregulation
Regarding the role of the State, the official strategy is aimed at “making a modern, effective, efficient, simple and useful State for citizens, engaged in its essential functions for not to hinder the conditions for the development of the private sector, favouring free enterprise.”
In this sense, the tasks carried out by the Ministry of Deregulation and Transformation of the State, headed by Federico Sturzeneggerwhich seek to simplify actions and processes, digitizing and simplifying procedures, debureaucratizing and eliminating intermediaries.
Security and Defense, another key point in the libertarian administration
As for the security and defense forces, The aim is to improve equipment both to maintain territorial sovereignty and to improve internal security by strengthening crime prevention and the investigation of organised crime, according to the official argument.
The authorities are also preparing the quantitative data that the project will contain (inflation and growth, among others). Official sources indicate that, given the achievements in fiscal matters in recent months, the Budget 2025 “will be a real roadmap for the first time in many years.”
Milei Madrid Forum.jpeg
Ignacio Petunchi
The Government will continue with the goal of “zero deficit” in 2025
He Spending cuts will not end even if the Government reaches equilibrium this year from the State accounts. And this is because the economic team is planning a loss of resources for 2025 due to the elimination and reduction of taxes.
This was anticipated by the Secretary of Finance, Pablo Quirno, in a talk he gave to insurance entrepreneurs at a meeting this week.
“We are not satisfied with this financial surplus. We are going to work to have a financial surpluswith a reduction in expenses, because that will allow me to maintain the financial surplus with lower taxes”explained the official who acts as virtual number two at the Treasury Palace.
In this regard, On September 16, President Javier Milei announced that he will go to Congress to explain the 2025 Budget, which will have the elimination of the COUNTRY TAX which represents 6% of total revenue. It is the fifth most important tax in the current tax structure.
Source: Ambito
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