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Argentina's Milei told to 'grow up' by VP in spat over pensions

Argentina's Milei told to 'grow up' by VP in spat over pensions

Summary

President Javier Milei of Argentina and his vice-president, Victoria Villarruel, are disagreeing publicly about increasing pensions. Milei is against the pension increase passed by Congress, blaming Villarruel for allowing a vote. Milei plans to block the pension hike, saying it could harm the country's budget.

Key Facts

  • President Javier Milei and Vice-President Victoria Villarruel are in a public dispute over plans to increase pensions in Argentina.
  • Milei opposed the pension hike, stating it could affect Argentina's fiscal surplus, which is the difference when the government earns more than it spends.
  • Villarruel, as the president of the Senate, allowed the debate and vote on the pension increase to proceed.
  • The Senate passed the motion with 52 votes in favor and four abstentions, which means those did not vote for or against.
  • Milei plans to veto, or officially reject, the pension increase and may take legal action if the veto is overturned.
  • Supporters of the pension increase argue that it is necessary for pensioners to afford basic needs.
  • Since taking office, Milei has focused on cutting government spending to manage inflation and reduce the budget deficit.
  • There have been protests by pensioners against the government's spending cuts.
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