Monday, November 16, 2009
More Budget Haggling
With the revenue portion of the budget debate behind us, Mexico's legislators are now addressing the spending side. It has been a comparatively peaceful affair; in politics, it may not be better but it certainly is easier to give than to receive. The budget committee in the Chamber of Deputies passed a bill that will be voted on later today by the full legislature. A couple notable elements: despite pleas in opinion pages from university big shots in recent weeks, the money assigned to public universities was less than requested. And, although Calderón had originally sketched out a slightly less than $1 billion cut in Defense Secretariat spending, the Chamber upped the defense spending to just below its 2009 level.