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The margins to give a definitive appearance to the Def Update are even narrower, which, according to the traditional calendar, should be presented no later than September 27, but a small displacement cannot be completely ruled out. The Government must indicate the new GDP forecast and hopes not to stray too far from -9%, not one point more than the -8% estimated with the Def for April. A scenario that would allow the deficit and debt, which today are at 11.9% and 157.6% above the old trend, to halt the race, making the construction of the autumn maneuver less complicated. Which must be ready before October 20 and placed within a clear framework of usable resources: from 27.4 billion insurance for the de facto labor chapter already authorized by the European Union, to funds to be recovered autonomously for tax reform. , deciding whether to finally tackle the jungle of tax exemptions, until the Month on which a final word will be needed at that time.
The summer maneuver
A passage, the latter, which should take place in a Parliament already convened between the end of September and the beginning of October to pronounce, with the vote on the proposals for resolutions, on the NaDef committing the Government in various priority interventions for which, at least for the moment, a common line has not yet been completely drawn in the majority. But before we get to the budget law, the government will have to take home the summer maneuver. The August decree, which absorbed another slice of 25,000 million of the deficit of 100,000 million used by the executive to face the crisis, must be strictly approved by the Chambers before October 13. There are almost 300 million changes at stake.
And the speakers Daniele Manca (Pd) and Vasco Errani (Leu) are already working. But the measure at Palazzo Madama is in fact paralyzed, pending the traditional audiences and, above all, the curtain falling on the Dl simplifications. Without considering that the majority is also dealing with the electoral law, by which the Democratic Party aims to obtain the yes of the House before September 20, and with the Dl on the extension of the state of emergency linked to the pandemic so that always vote in Montecitorio. The deadline for the presentation of amendments to Dl. August should be set for October 12, but the text, which is only proposed to be reviewed by the Senate, will not reach the House before the end of September. Coinciding. or almost, with the presentation of the NaDef and with the end of the Recovery Fund.