Law of Bases and Starting Points for the Freedom of Argentines

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The Law of Bases and Starting Points for the Freedom of Argentines is an extensive economic reform omnibus bill proposed by Argentine President Javier Milei on 27 December 2023. It was passed in the Argentine Senate and returned to the chamber of deputies on 12 June 2024, in a 36-36 tie broken by vice president Victoria Villarruel. [1] The Argentine Chamber of Deputies voted in favor of the bill 147-107 on June 27th along with associated financial reform passing 136-116. [2]

Contents

Background

The original bill contained 664 articles, which were modified into a bill with 232 articles. Changes to the original bill included restoring an income tax that was eliminated in 2023, reducing the number of companies privatized, lowering the number of different public emergencies, and modifying a proposed retirement mobility formula. [3] [4]

Content

Provisions in the bill include:

Emergency

State Reform

Contracts

Energy

Investments

Protests

The omnibus bill was strongly opposed by many leftist political parties, labor unions, and social organizations for limiting labor rights and promoting heavy tax breaks and tariffs in favor of large corporations. [6]

On 12 June, protests erupted in downtown Buenos Aires as the bill was being deliberated in the Senate. Protesters used molotov cocktails, sticks, stones, and other objects to throw at police officers and riot police, and also used gasoline to burn down two cars outside of Congress. Police used water cannons, rubber bullet guns, tear gas canisters, and pepper spray to repel protesters and force them to disperse. At least 20 police officers were injured and over a dozen protesters were arrested. Among the protesters were labor union workers, pensioners, teachers, bankers, and truckers.

Milei's government condemned the rioters as "terrorists" who by interrupting the Congress deliberation were "attempting to carry out a coup d’état". [1]

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References

  1. 1 2 "In initial win for Argentine President Milei, senators approve his key bills after violent protests". AP News. 12 June 2024. Retrieved 13 June 2024.
  2. Ward, Susie Violet. "Milei Delivers Key Libertarian Reform Law". Forbes. Retrieved 4 July 2024.
  3. "El texto completo de la Ley Ómnibus que envió Javier Milei al Congreso". infobae (in European Spanish). 28 December 2023. Retrieved 13 June 2024.
  4. "Qué es la Ley Bases que aprobó Diputados y cuáles son los principales puntos". LA NACION (in Spanish). 1 May 2024. Retrieved 13 June 2024.
  5. "Beccar Varela - New Bill of Bases and Starting Points for the Freedom of Argentinians". Beccar Varela. Retrieved 13 June 2024.
  6. "Buenos Aires rocked by clashes over President Milei reforms". www.bbc.com. Retrieved 13 June 2024.