Budget of the Left

Despite the objective difficulties, such as the government being a coalition government and unable to achieve a legislative majority on its own, it will nonetheless carry out the third general government budget by all indications. After a long temporary period in which public accounts had to be extended repeatedly due to failure to reach consensus, the multi-party system begins to function. And a very significant increase in social spending is expected for the next year (pensions are revalued with the CPI and the forward-thinking piggy bank is replenished), health, education, addiction, youth policies including scholarships, and items for helping those with the most. continues to be affected by strong inflation. All this, with a public deficit of 3.9%, is close to the theoretical limit of the soon-to-be-restored European convergence.

A few days ago, the government submitted a financial proposal to subsidize the lowest incomes (no deflation) without changing the IRPF neither in parts nor in rates. It also increased the taxation of certain capital incomes, temporarily raised IS up to the European agreement setting a minimum 15%, and established a temporary Solidarity Tax on Great Wealths that taxed the estates of those with more than three fortunes. million euros (deducted from the value of the main residence) and this will deduct what has already been paid to the CCAA as wealth tax. In short, this emphasis on progressiveness would generate just over €3,000 million in revenue for the Treasury.

These decisions served to rationally curb the absurd and dangerous race to the bottom in which the autonomous communities embarked and Page and Puig irresponsibly participated, but nonetheless they did not respond to the economic policy that first vice-president Calviño pointed out to United We Can, so that both conditions of the coalition were unified by the whole. assumes joint responsibility and maintains a differentiation suitable for both parties.

The agreement was signed the same night, Monday through Tuesday, hours before the cabinet, which would send the bill to the Cortes. And the deliberation gave visibility to the UP’s respective involvement in the defining emphasis of social policies. In essence, the pact provides a societal solution to the increase in defense spending and puts controversial regulations on track: housing law, family law, and the citizen security law, better known as the spigot law. In addition, the Government raises the Public Income Indicator for Multiple Impacts (IPREM), which is the index by which social benefits, non-contributory pensions or Minimum Income are calculated. It was learned that the unemployment benefit received from the seventh month was also 60% of the salary base. As an advancement of the Family Act, there will be a leave for carers, a leave to deal with unforeseen family circumstances, and a new eight-week parental leave. The coalition agreed to strengthen the rights of single-mother families with children, to put them on par with large families, but ultimately refused to extend maternity and paternity leave.

It is not risky to say that the combination of PSOE-UP, which covers the entire field of the left, achieves virtuous complementarity. In a way, the PSOE stands for progressive and prudent social democracy, while the more radical UP has more audacity to demand tougher and more consistent treatments to alleviate social inequality. Thus, the minimal orthodoxy imposed by the European Union (although the rules of the stabilization agreement have not yet come into effect) are reconciled with the radical audacity of a less formal left that imposes effective solutions to bloody and concrete problems. In practice, the left power in Europe must implement balanced and probabilistic policies, but at the same time solve obvious and specific societal problems that are obvious and too obvious to be shelved. In short, the distribution of roles and paternity between PSOE and UP has been shown to be effective, and their protagonists must develop it if they really want to retain power.

Source: Informacion

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