Milei Triumphs: Argentine Congress Fails to Overturn Education Funding Veto

Argentina's Congress failed to override President Javier Milei's veto of a university funding law, a win for the libertarian leader amid public uproar. Despite mass protests against his austerity measures, the decision reflects Milei's influence through political alliances, as economic challenges persist.


Devdiscourse News Desk | Updated: 10-10-2024 00:33 IST | Created: 10-10-2024 00:33 IST
Milei Triumphs: Argentine Congress Fails to Overturn Education Funding Veto
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In a significant victory for President Javier Milei, Argentina's Congress failed to secure enough votes on Wednesday to overturn his veto of a crucial university funding bill, despite widespread public opposition.

The libertarian leader's decision to veto the law, designed to adjust education budgets with Argentina's soaring inflation, sparked mass protests. Lawmakers needed a two-thirds majority to reverse the veto but fell short, with 160 voting in favor, 84 against, and 5 abstentions.

Milei, who argues the law threatens fiscal stability amid the nation's economic plight, has formed alliances with conservative members of Congress to uphold his austerity measures, which have notably hampered spending on health, pensions, and education.

(With inputs from agencies.)

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