Argentina’s Milei Borrows Warren Buffett’s Idea To Punish Deficit-Spending Politicians
7 Articles
7 Articles
The President of the Nation, Javier Milei (La Libertad Avanza), presented a package of bills that he will send to Congress.
Argentina’s Milei Borrows Warren Buffett’s Idea To Punish Deficit-Spending Politicians
Argentina’s Milei Borrows Warren Buffett’s Idea To Punish Deficit-Spending Politicians More than two years after campaigning to “blow up” Argentina’s central bank, President Javier Milei has announced his “Fiscal Shackle” bill – a permanent rule aimed at preventing Argentina from approving or maintaining budgets with fiscal deficits that could have consequences for politicians. On Thursday,...
The president of Argentina announced this Thursday in the national chain that he will present to Congress a package of reforms.
The president presented a package of reforms that he defined as the most important of the last 91 years, in a speech that generated expectation for its tone and ended up focused on measures already known and a particular staging. Read more
This Thursday, President Javier Milei announced that he will send to Congress the project called "fiscal grill", an initiative that seeks to prevent the national state from operating again with deficit and that incorporates a mechanism of "shutdown" or automatic paralysis of certain state areas if the balance of public accounts is not restored. "We need a law because history taught us that Congress is the great ally of public spending," he said.…
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