The Chamber of Deputies approved the budget with 216 votes in favor. There were 126 votes against, with three abstentions. This marks Parliament's final approval of the budget law. After the vote of confidence and the long all-night session—with the review of the agenda items concluding shortly before 7:00 a.m.—work resumed at 11:00 a.m. today. Meanwhile, the announcement was made that the European Commission has disbursed the eighth installment of the Italian National Recovery and Resilience Plan (NRRP), amounting to €12.8 billion.
In the Chamber, deputies from the Brothers of Italy and League parties confirmed their favorable vote, praising Economy Minister Giancarlo Giorgetti for his management of public finances and reaffirming the majority's commitment to healthcare, tax revenue, and fiscal policy.
"Parliament has approved the 2026 Budget Law. It is a serious and responsible measure, crafted in a complex context, which focuses the limited resources available on a few key priorities: families, jobs, businesses, and healthcare." Prime Minister Giorgia Meloni wrote on social media. "We are continuing our efforts to reduce personal income tax for the middle class, support birth rates and employment, strengthen public healthcare, and support those who invest, produce, and create jobs. We have worked to structuralize measures already underway and to strengthen those that truly impact the daily lives of Italians, staying true to our commitments. This is another step forward in providing certainty to the nation and continuing to build a more solid, competitive Italy capable of looking to the future with confidence," she concluded.
"The key point of this budget is something that's been discussed for a long time but has been discussed very little in the Chamber: we've effectively exempted contractual increases from tax, in addition to terminating all public contracts that had been frozen for years. This means concrete increases in salaries and wages for employees. This is something both unions and employers were asking for. We've done it; I'm sorry it's been so little discussed." This was Economy Minister Giancarlo Giorgetti's comment to journalists about the budget recently approved by the Chamber. "Taxing contractual increases at 5% and productivity-related wages at 1%, I believe, is a very important signal," he added.
(Unioneonline)