Posted 2/1/2024, 1:57:00 PM
Clashes Erupt as Argentina Debates Milei's Controversial Economic Reform Bill
- Police clashed with protesters in Buenos Aires as lawmakers debated President Milei's controversial "omnibus bill" to overhaul Argentina's economy
- The bill aims to make sweeping free-market reforms to tackle high inflation and poverty, but has faced opposition over proposals to grant Milei emergency powers
- The bill originally had over 650 articles but has been reduced to gain support, dropping tax and pension changes but still privatizing some state-run companies
- Critics say the bill undermines democracy, but Milei argues "shock therapy" is needed to address economic crisis
- Milei already saw court rulings striking down his labor reforms; the omnibus bill faces more debate and another vote in Senate if passed in lower house