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2025 budget calendar, vote in parliament and potential pension changes: what we know

The process is ongoing. Strategy 2025 Which must now always come up against a difficult test. Parliament Italian for Vote. In today’s Council of Ministers, October 21, 2024, the government has been asked to The text The starting point of the budget law which will then be submitted. Chamber of Deputies Already in the evening or tomorrow, October 22 at the latest. After this, the parliamentary process of the bill can begin, through which the opposition and non-opposition political forces can submit any proposal. Changes As per the rules framed by the Executive. As for timing, please note that the 2025 budget must be approved by Parliament. 31 December 2024.

Possible changes in the 2025 budget

The power of the majority Parliament It becomes difficult to think that the opposition parties can undermine some of its key points. Strategy 2025As confirmation of Cutting the tax wedge Or three Irpef rates (Approximately 30 billion euros total of the budget law) while on other aspects it is possible that changes will be made. Changes. In more detail, these are some of the measures on which there are conflicting opinions even within the majority.

In terms of social security, for example, Forza Italy Emphasizes one of his old warhorses, the addition Minimum Pension. gave The League From Matteo Salvini, however, the aim is to soften the new taxes on those who earn from buying and selling. Bitcoin (which will go from 26 to 42 percent). And once again, a cut in the salary range for public managers (from 240 thousand to 160 thousand euros) has been announced, which causes stomach ache in the majority, as well as tax breaks for families. A review is also done. More specifically, it would only benefit low-income families and many children, and penalize other cases.

Regardless of how the previously listed measures will continue to evolve, Palazzo Chigi and the Ministry of Economy have stressed several times in the last few hours that any modification cannot lead to the addition of new costs. This means that Budget available for the 2025 budget and should remain roughly flat. 30 billion euroswith all requested changes having to be at zero cost or financed through cuts on financial interventions.

Restraint Agreement, Awaiting Funds.

One of the still unclear aspects of the government’s actions is concern. Agree on a two-year budget VAT numbers and for small businesses. The Economy Ministry hopes the move will add a few billion euros to state coffers, but is waiting to learn more about the figures. The deadline has indeed been set. 31 October 2024with any resulting funds – at this point certainly – that could be used for other interventions, such as expansion Flat tax For VAT numbers above the current limit of 85 thousand requested by the league.

2025 Maneuver Calendar

As mentioned, after the approval of the text of the 2025 budget law by the Council of Ministers on October 21, the parliamentary process will begin. I first step Calendar of the Budget Commission Camera Where, most likely, there will be most negotiations and Amendments Especially from opposing forces. Additionally, the Commission’s opinion is expected by November 30. European Commission On the maneuver that could affect the functioning of both houses.

The budget, after being passed by the budget commission, will go to the chamber for debate and voting on other possible amendments. After that we will proceed. The SenateWith the first step that will always be in the budget committee. A subsequent vote in the second chamber of Parliament must express a favorable opinion by 31 December 2024, failing which, it will exercise temporary. This latter hypothesis is very unlikely at this point.

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