Milei’s Veto of Pension Increase Survives Congressional Vote
Argentine President Javier Milei narrowly avoided a Congressional override of his veto on a bill to increase pension spending. The bill, which would have raised pension payouts, failed to garner the necessary two-thirds majority in Congress to overturn Milei's veto. This marks a significant victory for the President, who has championed fiscal austerity measures and sought to rein in government spending. The close vote, however, highlights the ongoing tensions between Milei's administration and opposition lawmakers, who have criticized the President's economic policies. The outcome will likely have implications for Milei's broader agenda as he navigates a challenging economic landscape and works to implement his vision for Argentina's future.
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