[Argentine Congress Approves 2026 Budget] Jinshi Data, December 27 – The Argentine Senate approved President Javier Milei's 2026 budget late Friday by a significant margin. This marks the first major test for Milei's administration since his party's victory in the midterm elections in October. Senators voted 46 to 25 in favor of the bill, with one abstention. However, Milei's allies failed to overturn previously approved spending increases for disability benefits and university funding. The outcome highlights that, despite Milei's growing influence in Congress, he still needs to negotiate with opposition groups to advance his policy agenda. Milei has largely relied on executive orders to push his comprehensive austerity plan aimed at cutting spending and restoring fiscal balance.