Congress plans to put to a vote in the Plenary Session of July 14 the budgetary stability objectives and the deficit distribution that the different public administrations must assume within the framework of the General State Budgets of 2027, according to parliamentary sources have indicated to Europa Press.
If the objectives are rejected on that day, as has already happened on other occasions throughout the legislature, a second vote is contemplated in a new plenary session scheduled for July 23. Both the session on July 14 and the one on July 23 will be extraordinary, as they will be held outside the ordinary session period of Congress, which ends on June 30.
Before these objectives reach the Lower House, the Government will present on June 29 the macroeconomic framework that will accompany the General State Budgets of 2027, along with the new package of measures to address the economic consequences of the war in the Middle East.
In one of these two extraordinary plenary sessions, the debate and vote on the decree-law will also be included, which, although it will automatically come into force after its approval in the Council of Ministers, must be submitted to Congress to decide whether to validate or repeal it.
PRESENTATION BEFORE THE FISCAL AND FINANCIAL COUNCIL
Once the macroeconomic framework is presented and the measures to be applied after June 30 are specified, the next budgetary procedure will be the convening of the Council of Fiscal and Financial Policy, in order to inform the autonomous communities of the budgetary stability objectives and the deficit distribution that public administrations will assume.
During this legislature, the Government has already tried unsuccessfully to advance the stability objectives of previous budgetary years, accumulating several failures, the last one in December 2025, when the Executive was trying to promote the Budgets of 2026.
However, the rejection of these objectives in the Cortes Generales does not prevent the Government from continuing with the processing of public accounts, as it obtained the endorsement of the State Attorney's Office to use another deficit distribution basis that does not require parliamentary control, in this case the medium-term structural fiscal plan sent to the European Commission.