Federal deputy from the PRI, Rubén Moreira Valdez, stated that Mexico is going through a moment of financial fragility characterized by historic debt, higher taxes, and a decrease in public investment. In a statement, the PRI member affirmed that the federal government 'is broke' and that its main response has been to increase the tax burden on taxpayers. During his participation in the program 'With Pears, Apples, and Oranges', accompanied by finance and economy specialists, the coordinator of the PRI Parliamentary Group declared: 'The country is on the wrong track. The government is broke and its way out is to squeeze the taxpayer more: more taxes, more debt, and less public investment.' Moreira maintained that the recent approval of the 2026 Income Law, pushed by the Morena majority, did not take into account the opposition's proposals and perpetuates a fiscal policy that, in his opinion, 'punishes savings and inhibits productive investment.' He also emphasized that the country faces a scheme of unequal distribution of federal resources, exemplifying the case of his home state: 'In Coahuila, for every peso it contributes to the federation, it gets back only 15 cents, without programs and works to compensate for that inequity; today there are no medicines, no roads, no new universities.' According to the data presented by Moreira and the invited specialists, the national public debt amounts to 20 trillion pesos, while the federal government plans to request an additional 1.7 trillion for the payment of interest. In this context, economist Hugo Mena explained that 'they are not paying the principal, only the interests. Today there is only the bill left to pay.' For his part, specialist Mario Di Costanzo highlighted that the 2026 Income Law provides for an increase in the withholding on savings from 0.5% to 0.9%, new fees and charges, and the doubling of tariffs, which will directly affect consumers and workers. He also noted that the Tax Administration Service (SAT) only returned one-third of the favorable balances corresponding to the current year. 'It's like paying the minimum on the credit card: the money was not used in infrastructure, schools, or security, but was thrown away.'
Mexico Faces Financial Instability Due to Rising Debt and Taxes
PRI deputy Rubén Moreira Valdez stated that Mexico is facing historic debt, higher taxes, and reduced public investment. He claims the government is 'broke' and squeezing taxpayers more.