Argentine Senate Approves Emergency Pension Hike, Defying President Milei - teleSUR English
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58 Articles
Argentine Senate Approves Emergency Pension Hike, Defying President Milei - teleSUR English
He rejects the legislation, arguing it would increase public spending and undermine its goal of achieving a balanced budget. On Thursday, Argentina’s Senate passed a law granting an emergency increase in retirement pensions, a measure far-right President Javier Milei has repeatedly opposed. RELATED: Argentina Faces Loss of Over 430,000 Jobs Amid Unchecked Trade Liberalization Policies The bill, which had already been approved by the Chamber of D…
The Senate Approved Retirement Laws, the Reactivation of the Moratorium and the Disability Emergency
Triple opposition victory against an defenseless ruling party and with the Casa Rosada that blames Victoria Villarruel. The Government is preparing vetoes and analyzing a potential judicialization of the session
The law of retirement recomposition was voted by 52 votes in favour and four abstentions; the seats of the ruling party and of much of Pro were empty, in rejection of the validity of the session
This is the increase for retirees and the distribution of funds for the provinces, among others. Today they will ask that the session be held on Thursday.
With broad support, the Argentine Senate turned into law several measures aimed at benefiting retirees and vulnerable sectors. Among them, a 7.2% increase in benefits, a $110,000 pension bonus, the extension of the security moratorium and the declaration of emergency on disability was approved. However, President Javier Milei announced that he will veto these measures, arguing that their financing is unsustainable. The session, which marks a maj…
The government assured that it will veto the laws that the Senate sanctioned this Thursday. If after the presidential veto, Congress achieves two thirds of both houses, the bills will become law and Javier Milei will not be able to judicialize it, according to the experts. The Senate approved the rise of the retirements, the disability emergency and the reactivation of the previsional moratorium. On the other hand, it gave half sanction to the t…
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