Argentine Senate Rebukes Milei's Vetoes Amidst Election Tension
Argentine lawmakers overturned two of President Javier Milei's vetoes, challenging the libertarian leader ahead of crucial elections. The Senate's decision boosts funding for universities and pediatric care, complicating Milei's austerity measures. Amid dropping popularity and a corruption scandal, Milei seeks to stabilize Argentina's economy with U.S. support.
In a significant legislative move on Thursday, Argentine lawmakers successfully overturned two vetoes issued by President Javier Milei, marking a considerable setback for the libertarian head of state. The opposition-controlled Senate decisively voted to override Milei's vetoes with substantial majorities, counteracting his economic reform agenda.
The Senate's decision reinstated funding increases for public universities and pediatric healthcare, a move Milei argued could threaten Argentina's fiscal stability due to his strict austerity policies. This legislative action comes before critical midterm elections, where Milei is already facing challenges related to a corruption scandal and public dissatisfaction.
Amidst these political tensions, Milei has garnered support from U.S. President Donald Trump as he seeks to stabilize Argentina's economy through international financial cooperation. However, analysts underline the urgency for Milei to achieve strong electoral support to sustain economic progress.
(With inputs from agencies.)
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