Argentina's Lower House Tuesday agreed to grant President Milei on a temporary basis certain decision-making powers originally reserved by the Constitution to the Legislative Branch, it was reported in Buenos Aires. The neverending Parliamentary session also decided in favor of the partial and full privatization of several state-owned companies, among other topics included in the so-called “Omnibus Law” bill -formally the Bases Law draft that Milei regards as the starting point of his “chainsaw” economic policies.
The shaping up of Argentine President Javier Milei's chainsaw economic politics kicked off this week with the broad approval by Congress' Lower House of the so-called Omnibus Law bill, also known for its formal name as the Bases Law: It is a fundamental step to get Argentina out of the swamp, Milei stressed on social media. The Basic Law bill has ten titles totaling 25 chapters.
Argentine President Javier Milei Friday requested the resignation of two high-ranking officials whom he linked to ruling party La Libertad Avanza's failure to get the so-called Omnibus Law bill passed by the Lower House.
After Tuesday's failure at the Lower House to move forward with the so-called Omnibus Law bill targetting government spending, Argentine President Javier Milei said Wednesday from Israel that La Libertad Avanza (LLA) would not insist on that initiative which has achieved its goal of exposing the caste.
Argentine President Javier Milei's La Libertad Avanza (LLA) Tuesday suffered a major blow in Congress when its workhorse Omnibus Law bill was sent back to further treatment by the various Lower House committees, thus annulling last Friday's broad approval.
Argentine labor unions staged a relatively successful strike and demonstration Wednesday to protest against President Javier Milei's emergency decree (DNU) already in force plus the so-called Omnibus Law bill to curb public spending which would defund numerous activities currently running on State allowances. It was the first such measure since May 29, 2019, under then-President Mauricio Macri (2015-2019).