2027 budget law, government aims for Cabinet approval on Wednesday

The Council of Ministers will meet on Wednesday to pass the 2027 budget law, with the stated goal of reaching approval within the day. This is reported consistently by Stampa Parlamento and Today.it, two independent sources that agree on the timing and on the issues still to be resolved.

Prime Minister Giorgia Meloni held talks with ministers Antonio Tajani, Matteo Salvini, Maurizio Lupi and Giancarlo Giorgetti to take stock of the measure, a sign that the budget remains the subject of negotiation among the governing allies right up to the last day before the Council of Ministers.

Among the measures under consideration are tax breaks for newly hired workers and incentives for women’s employment, particularly for mothers. A contribution toward healthcare expenses aimed at lower incomes and the elderly is also expected, while the pension issue remains unresolved, one of the most delicate chapters in every budget law of recent years.

On the tax front, Forza Italia is pushing for a two-phase expansion of the 33% income tax bracket: first up to 55,000 euros in income, then up to 60,000. This is the measure over which much of the negotiation among majority allies is playing out, and which more than others highlights the gap between party demands and available spending room.

It was precisely on spending room that Economy Minister Giancarlo Giorgetti commented, summing up the difficulty of the negotiation with a remark: “the blanket is too short.” A summary that captures the Treasury’s position in the face of demands coming from multiple directions within the majority.

While the government works on the text of the budget law, Parliament faces a separate but related week of votes. In the parliamentary week from 26 to 30 October, the Chamber’s floor is examining, among other measures, the citizenship reform and the delegated legislation on healthcare professions linked precisely to the budget law, as well as the establishment of the national register of orphans of domestic crimes. On Wednesday 28 October, question time is scheduled, broadcast live on television at 3pm. On this parliamentary front, the news currently comes from a single source, FiscoOggi; no independent confirmation is available at this time.

The dual track — the Council of Ministers on the budget law and the Chamber’s floor on related measures — brings the parliamentary week to a juncture that will be concretely tested on Wednesday, with the outcome of the Council of Ministers as the first test.