▲ Laura Itzel Castillo, president of the Senate, talks with Adán Augusto López, during the session in which the Federation Income Law 2026 was approved.Photo Cristina Rodríguez
Andrea Becerril and Néstor Jiménez
La Jornada Newspaper
Thursday, October 30, 2025, p. 3
The Federation Income Law for 2026, which considers 10 trillion 193 thousand 683 million pesos and in which tax resources are consolidated as the pillar of the country’s public financing, was approved yesterday in the Senate with the vote of the 4T legislators.
The minute was approved without changes, as it came from the Chamber of Deputies, with 79 votes in favor of Morena and allies, and 37 against PRI, PAN and MC, and it was sent to the federal Executive for publication in the Official Gazette of the Federation.
There were five hours of debate that once again confronted cherries and allies with the opponents regarding the debt for 2026, expected at one trillion 780 billion pesos.
Time and again, PAN and PRI senators maintained that the government of Andrés Manuel López Obrador and so far the administration of Claudia Sheinbaum doubled the external debt, which was denied by the majority bloc.
“The opposition acts in a deceitful and crafty manner,” since “Calderón and Peña increased it 38 percent in real terms and we have increased it to a much lower level,” warned Morena senator Cuauhtémoc Ochoa.
He reminded them that the debt of “10 billion that we pay today was not generated by this government, but is the neoliberal legacy of uncontrolled debt, bank bailouts and the privileges of a few.”
The senator himself blue and white Mario Vázquez acknowledged that in 2026 1.6 trillion pesos will be spent on debt interest alone.
The PAN members Gustavo Sánchez and Mayuli Latifa Martínez and the PRI member Cristina Ruiz insisted that “the country is mortgaged” and the resources will be used for electoral purposes.
Morenoist Manuel Huerta Ladrón de Guevara, president of the Legislative Studies Commission, responded: “don’t worry so much about the financial debt, worry about the moral debt you have with the people, the pensions taken away, the railroads ruined, young people without opportunities, the abandoned countryside, Pemex looted, national companies given away, the people will never forget that.”
“It is clumsy not to recognize what is done well,” stressed Jorge Carlos Ramírez Marín, while Morenoist Judith Díaz explained that the difference is that before public income was used as loot for a few and now it is dedicated to the well-being of the majority.
When presenting the opinion, the president of the Finance Commission, Miguel Ángel Yunes Márquez, maintained that the proposal “is based on prudent macroeconomic assumptions and reflects a healthy public finance policy.”
By 2026, he highlighted, resources equivalent to 3 percent of GDP are planned for priority social programs, which will directly benefit almost 82 percent of Mexican families.
He explained that the Economic Package estimates budget revenues of 8 trillion 721 billion pesos, which represents an increase of 519 billion pesos compared to the estimated closing of 2025.
The increase, he highlighted, is mainly explained by a real growth of 5.7 percent in tax revenues and 2.3 percent in those generated by public sector organizations and companies.
He highlighted that “tax revenues are consolidated as the central pillar of public financing,” since it is projected that 5.8 trillion pesos by 2026 will come from tax collection. “This income will reach a new historical maximum, reaching 15.1 percent of GDP.”
Yunes Márquez explained that for the first time three-quarters of the fees paid by multiple banking institutions to the Institute for the Protection of Bank Savings (IPAB) are no longer deductible.
“We cannot allow those who were rescued with public resources to still pay less taxes,” said Senator Huerta Ladrón de Guevara. He highlighted that the Income Law is based on tax justice, on greater collection, without harming those who have the least.
An agreement was consolidated with the insurers by which 200 billion pesos are forgiven in exchange for contributing to the VAT and ISR of each operation. Resources are estimated at 20 billion pesos in 2026.
Another provision of the 2026 Revenue Law is to grant temporary tax exemptions to individuals and legal entities identified by FIFA as participating in the 2026 World Cup.
