BUENOS AIRES, Argentina (AP) — Argentina’s Senate narrowly approved key state overhaul and tax bills proposed by President Javier Miliei, delivering an initial legislative victory to the libertarian leader in his efforts to enact his promises of radi
BUENOS AIRES, Argentina — Argentina’s Senate narrowly approved key state overhaul and tax bills proposed by President Javier Miliei, delivering an initial legislative victory to the libertarian leader in his efforts to enact his promises of radical change.
If the Senate approves the articles with modifications, the lower house still has to okay them before Milei can claim his first legislative win since entering office last December. Senators approved two bills late Wednesday, a tax package and a 238-article state reform bill that passed the lower house of Congress in late April. Months of negotiations watered down the initial far-ranging proposal, which had over 600 articles.
Bankers, teachers, truckers and thousands of workers from other unions converged around Congress throughout the day, banging drums, blasting trumpets and chanting, “Our country is not for sale!” and “We will defend the state!” Analysts say that foreign investors and the International Monetary Fund, to which Argentina owes a staggering $44 billion, have been closely watching Wednesday’s vote to see whether Milei can build consensus with his opponents.
“What this law is hurting most are the pockets of workers, not the big companies that are just going to get richer,” said 36-year-old Juan Barreto, a bank employee jostling amid crowds of his fellow union members.
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