Argentinian Senate approves Milei’s plan for Economic Shock Therapy amid mass protest that are repressed by police

Edited by Ed Newman
2024-06-13 23:35:59

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Buenos Aires, June 14 (RHC)-- Argentina’s Senate has narrowly passed far-right libertarian President Javier Milei’s highly contested reform bill.  As lawmakers debated the measure on Wednesday, protesters outside the National Congress in Buenos Aires were met with riot police who deployed tear gas and made multiple arrests. 

Among other things, the bill imposes sweeping austerity and privatization measures and slashes labor rights. Opposition Senator Martín Lousteau spoke during Wednesday’s debate>  “This bill gives everything, instantly and forever, to the big companies, and it tells pensioners to wait.  The big companies get less taxes and tax stability for 30 years.  In the tax package, Argentina’s biggest millionaires get less taxes and stability for 15 years.  But pensioners who contributed for 30 years don’t even know how much money they’ll get next month.”

In addition to the planned spending cuts is the dissolution of the government office dealing with gender violence. The head of that office, Claudia Barcia, resigned last week.



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