With 153 votes in favor, 87 against and eight abstentions, the president of Argentina, Javier Milei, managed to prevent the opposition from overturning his veto of the Pensioners Mobility Law that had been approved by the National Congress weeks ago.
The law that was vetoed by the president sought to compensate for the loss of purchasing power of pensions and retirement benefits in the face of the 20.6% inflationary jump in January, which had only been partially accompanied by a 12.5% adjustment.
After approval, Milei fulfilled her promise to veto it, as she had previously warned, but as established by the Constitution, the chamber of origin – in this case the Deputies – had the power to annul the presidential decision and insist on its project.
However, this did not happen. After Milei’s veto, some deputies changed their position and on Wednesday voted against what they initially considered necessary. In other words, they voted in favor of reducing the increase for retirees that they themselves promoted.
They approved it and then maintained the veto; what happened?
The law, which sought to increase pensions by 8.1 percentage points, was half approved by the Deputies in early June and finally approved on August 22 in the Senate.
In this last session, the only parliamentarians who voted against the increase in pensions were those from the official La Libertad Avanza bloc, which made it clear that, without the support of other parties, the Government has no chance of prevailing in Parliament.
The government’s main ally is the PRO, a political force led by former President Mauricio Macri, who, in addition to supporting the social security law in Congress, voted a few days ago against the decree that grants millions of dollars reserved for intelligence. Some analysts believe that, in these two actions, Macri risked his participation in the Milei Government.
In fact, days later, after being invited by the president to dinner at the presidential residence in Olivos, Macri stated in his report X that he was in favor of the decision to veto the new retirement mobility formula that his own senators had approved.
Finally, on Wednesday (11), deputies from the former president’s party supported the Government. But the PRO legislators were not the only ones to defend the presidential veto or the most decisive aid.
Hours before the parliamentary session, a photo anticipated the end of the story: the one in which five deputies are warned about the radicalism in the Casa Rosada, sharing a table with the president and his team. In the image you can see Martín Arjol, Luis Picat, José Federico Tournier, Mariano Campero and Pablo Cervi. In June, four of them voted in favor of the law. This Wednesday, all five supported its rejection.
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This content was originally published in Javier Milei guarantees maintenance of veto on pension adjustments on the CNN Brasil website.
Source: CNN Brasil
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