Argentina Senate Approves President Javier Milei's Proposals

SOURCE www.nbcnews.com
Argentina's Senate approved President Javier Milei's proposals to slash spending and boost his own powers, leading to clashes between protesters and police. The legislation still needs to survive an article-by-article vote and faces opposition from both right-wing and left-wing lawmakers.

Key Points

  • President Javier Milei's ambitious legislative reform
  • Resistance from opposition-dominated Congress
  • Protests and clashes outside the Senate
  • Controversial measures in the legislation
  • Challenges Milei faces in executing his plans

Pros

  • Potential for economic reform and growth
  • Efforts to trim the deficit and spur growth

Cons

  • Increased poverty and inflation
  • Loss of labor and pension rights