The representative of the Civic Coalition, Elisa “Lilita” Carrio, He attacked the president on Monday Javier Milei by the veto of the law reforming retirement mobilitywarning that the president is governed by a “Long live the rich and death to the old”. He also pointed against Mauricio Macri and Luis Caputo.
The former deputy, currently out of the political spotlight but with wide influence within her party, lashed out at the national president for announcing that will veto the regulations sanctioned by the Congress last week, which provided for a new calculation of the retirements and an extra income for the assets.
“Long live the rich, the Caputos and company. Death to the old people who contribute their whole lives”Carrió said, amid the controversy over the law that, despite having been approved by two thirds of the Senate and Deputies, the Executive Branch decided that it will not be promulgated, so it will not impact pensions.
The former deputy also accused the PRO party of being responsible, as it was opposed by a majority of the people in the Chamber of Deputies to the measure but was instrumental in the approval of the law in the Senate. “Thank you Javier and Mauricio”continued the message and closed: “Stop lying. A kiss. Lilita.”
Javier Milei will veto the pension reform: “It is irresponsible, illegal and unconstitutional”
He Senate The reform of retirement mobility became law last Thursday with 61 votes in favor and only eight rejections, but Milei announced that he will use the presidential veto powerbecause he did not contemplate letting them pass a “millimeter” “fiscal degenerates.”
In a statement, the Government described the project as “irresponsible, illegal and unconstitutional” and he assured: “It will be banned.” The Office of the President He said that “the President Javier Milei, As promised to the Argentines, he will veto the project approved today by the National Congress,” which, they said, “has the sole objective of destroying the Government’s economic program.”
The President promised the Argentines to maintain the fiscal surplus at all costs and that is what he will do.”they continued from the official Government account. And they accused the national Parliament of doing “an act of demagogic populism”sanctioned “an irresponsible, illegal and unconstitutional bill that establishes exorbitant expenses without its corresponding budget allocation.”
On his social media, the president defended the veto of the legislation, in order to safeguard the fiscal surplus. “They are not going to turn our fiscal surplus around…”he wrote around midnight on Thursday on his social media account.
The Integrated Retirement and Pension System establishes a scheme that combines the CPI and the Average Taxable Remuneration of Stable Workers (RIPTE)with an extra income of 8.1% for retirees and a recomposition of the pension funds owed to the provinces by the Nation for a sum of $703,515 million.
A fiscal report assures that the Congress formula “is more solid” than the Government’s DNU
However, the Institute for Argentine Social Development (IDESA) In his latest work, he questions the government’s argument regarding fiscal risk. “Arguing that the law on pension mobility conspires against fiscal balance, the president reacted emphatically against Congress,” says the report.
“With a cooler head, you would realize that The law, by consolidating the liquidation of pensions suffered since 2017, is an unprecedented opportunity to give sustainability to the fiscal surplus,” the report indicates and details that “the 7.2% increase in all pensions implies an increase in pension expenditure of around 0.32% of GDP.”
The study points out that the formula validated by law “is more legally robust than the precariousness that underlies a DNU,” in reference to the Decree of Urgent Need (DNU) 274/24 Milei, who ordered that, starting in April, salaries be adjusted monthly according to the inflation rate of two months ago, which, according to IDESA, consolidated a loss of purchasing power that in real terms fell 35% between 2017 and 2023. “Secondly, because the liquefaction of pension spending that occurred between 2017 and 2023 is validated,” the report states.
Source: Ambito
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