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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]
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]
Provisions in the bill include:
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]
The politics of Argentina take place in the framework of what the Constitution defines as a federal presidential representative democratic republic, where the President of Argentina is both Head of State and Head of Government. Legislative power is vested in the two chambers of the Argentine National Congress. The Judiciary is independent, as are the Executive and the Legislature. Elections take place regularly on a multi-party system.
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a result of new trends in economic thinking about the inefficiencies of government regulation, and the risk that regulatory agencies would be controlled by the regulated industry to its benefit, and thereby hurt consumers and the wider economy. Economic regulations were promoted during the Gilded Age, in which progressive reforms were claimed as necessary to limit externalities like corporate abuse, unsafe child labor, monopolization, and pollution, and to mitigate boom and bust cycles. Around the late 1970s, such reforms were deemed burdensome on economic growth and many politicians espousing neoliberalism started promoting deregulation.
The Chamber of Deputies, officially the Honorable Chamber of Deputies of the Argentine Nation, is the lower house of the Argentine National Congress. It is made up of 257 national deputies who are elected in multi-member constituencies corresponding with the territories of the 23 provinces of Argentina by party list proportional representation. Elections to the Chamber are held every two years, so that half of its members are up in each election, making it a rare example of staggered elections used in a lower house.
Gregorio Pérez Companc also known as Don Gregorio or Goyo, was an Argentine businessman who was one of the country's wealthiest individuals, with an estimated net worth of US$2.5 billion as of August 2021.
Télam was an Argentine government-ran national news agency founded in 1945 by then Secretary of Labor Juan Perón during the presidency of Edelmiro Julián Farrell. Té
As required by the Constitution, the electricity sector is federally owned, with the Federal Electricity Commission essentially controlling the whole sector; private participation and foreign companies are allowed to operate in the country only through specific service contracts. Attempts to reform the sector have traditionally faced strong political and social resistance in Mexico, where subsidies for residential consumers absorb substantial fiscal resources.
Patricia Bullrich is an Argentine professor and politician who was appointed Minister of Security in 2023 under president Javier Milei, having previously held the office under president Mauricio Macri from 2015 to 2019. She was the chairwoman of Republican Proposal, until 2024.
Buenos Aires City Hall was, until 2015, the seat of the Office of the Chief of Government of Buenos Aires, the capital city of Argentina. From its construction in 1914 to the reformation of the city's constitution in 1996, the building was the seat of the City Municipality. It faces the Plaza de Mayo, across from the Casa Rosada presidential palace, in the barrio of Monserrat.
Amancay Diana Sacayán was an Argentinian LGBT and human rights activist who fought for the legal rights of transvestites and transgender people in Argentina.
Javier Gerardo Milei is an Argentine economist and politician who has served as President of Argentina since 2023. He has taught university courses and written on various aspects of economics and politics and also hosted radio programs on the subject. Milei's views distinguish him within mainstream Argentine politics.
The Ministry of Security of Argentina is a ministry of the national executive power that oversees public safety and security. It co-ordinates the country's national security policy and oversees the Federal Police, the Airport Security Police, the Naval Prefecture, the National Gendarmerie, and the Penitentiary Service, as well as the newly created Federal Council for Interior Security.
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The General Secretariat of the Presidency of the Argentine Nation is a secretariat of state of the Argentine National Executive counting with ministerial level, tasked with assisting the President of Argentina in the making of public policy, drafting messages and public speeches, maintaining the presidential protocol and overseeing the relationship between the President and society at large.
La Libertad Avanza is a political coalition and party in Argentina. LLA was formed as an electoral alliance in 2021, and as a nationwide party in 2024. It has been described as far-right, with conservative and ultraconservative stances on social and cultural issues, and as right-wing libertarian or ultra-liberal on economic issues. Its first electoral participation was at the 2021 Argentine legislative election, obtaining the third place with 17% of the votes in the capital.
Events in the year 2024 in Argentina.
The Ministry of Infrastructure of Argentina was a ministry of the national executive power responsible for public works, housing, communication and transport.
The 2024 opening of regular sessions of the National Congress of Argentina took place on 1 March 2024. It was a speech delivered by president Javier Milei at the National Congress of Argentina.
The Independence is an Argentine legislative bloc founded in 2024 and promoted by the governor of Tucumán Osvaldo Jaldo, in the context of the negotiations for the approval of the Bases Law of President Javier Milei in January 2024.
The 2024 Argentina protests were a series of protests and riots in Argentina, lasting from January to June, in response to reforms introduced by president Javier Milei.
The Ministry of Deregulation and State Transformation of Argentina is a ministry of the national executive power. Its purpose is to help the president and chief of the Cabinet of Ministers in matters related to deregulation, reform, and modernization efforts.