"Either us or them: if there is no basic income and pensions at 100 in the Def, we do not vote for it". The ultimatum on the Def of the Five Stars will force the Minister of Economy Giovanni Tria to loosen up the public finances a little and, according to reports from the Radiocor agency, the deficit/GDP ratio will rise to 1,9% in 2019 , i.e. more than double the deficit trend indicated by the previous government. Thus the structural budget balance will not improve, despite all the recommendations of the European Commission.
We will see how the financial markets will react, but the problem of keeping the public accounts does not end with the update of the Def, scheduled for tomorrow 27 September, but with the definitive approval in the coming months of the budget maneuver in Parliament, where, as usually, there will be pushes to increase public spending or reduce taxes by enlarging the incoming condominium.
The Five Stars, in difficulty in the polls due to the protagonism of Salvini and the League, are trying to pull the string on the basic income despite knowing that the maneuver can at most start it but not support the entire expenditure in a single budget year. The League, on the other hand, insists on the revision of the Fornero law for pensions and on the flat tax, albeit making the best of a bad luck and anticipating that in 2019 the lowering of the rate to 15% will only apply to one million taxpayers. But yesterday evening on TV, interviewed by Lilli Gruber on La7, the former prime minister Matteo Renzi unmasked the operation of the League in a sharp way: "Salvini tells lies because the rate of the flat tax at 15% for about one million people it already exists and was introduced by my Government in the 2015 Budget Law”.
Meanwhile, on the subject of public finances, yet another clash is taking place between the Five Stars and the State Accounting Office over the Genoa decree which Minister Toninelli presented without expense coverage and which, in the first version, could not have been stamped and then signed by the Quirinale . But the General State Accountant, Daniele Franco, nipped the controversy in the bud: "We are not blocking the decree but we are working to unblock it by looking for coverage".
