The Executive Branch reiterated this Tuesday that it will veto laws “that do not have resources to support expenses.” This time it was the new Chief of Staff, Guillermo Francos, who made the position of the national government clear. in the face of the opposition’s attempt to advance with a law that establishes a new retirement formula, contrary to what the ruling party intends.
“It seems to me that when one expresses the will to grant a benefit, one would have to say very clearly where the funds come from. This government has also expressed with the same clarity that it does not have available resources“said the former Minister of the Interior in dialogue with the press at Casa Rosada.
The national government sees behind the retirement initiative a maneuver “of Kirchnerism and radicalism” for “electoral purposes.”
“When there are no resources, you cannot easily say, ‘increase this thing or increase that other.’ To do so, it has to be said where (the resources) come from, because if at the same time they claim that public expenses are cut, on the other hand, they want to increase benefits,” Francos argued.
The functionary demanded that the opposition “have a certain coherence, a certain logic” to “tell public opinion where the resources to pay for them are going to come from.”
Presidential spokesperson Manuel Adorni said something similar on Monday., when a tough parliamentary fight was anticipated. “What we don’t want are magic solutions. “We are not going to issue nor are we going to get into debt,” he said, and reiterated that if a law does not have “correlation with the corresponding resource, it will not be viable.”
Milei weeks ago: “I’m going to veto them, I don’t give a damn”
Last month, President Javier Milei left his warning to the opposition in Congress when speaking before the Argentine Institute of Finance Executives. “What they are doing is sending projects to break our fiscal balance. I warn you that any project that you send to Congress and you want to break the box and blow up the country, I am going to veto it, I don’t give a damn,” the president threatened.
For Javier Milei, the opposition parliamentary initiatives pursue “electoralist purposes.”
What happens if the Government vetoes a law approved by Congress
The Executive Branch can veto a law, in whole or in part. If the presidential veto is carried out, the project returns to the Legislative Branch, which can accept the veto or insist on its sanction. If both chambers have two-thirds of the votes to impose their initial criteria, the law is enacted, even if the president does not agree. If they do not succeed, the president’s veto is maintained and the project cannot be discussed again in the legislative sessions of that year.
The national government had two major setbacks in Congress during its administration: the original Omnibus Law and the Senate’s rejection of the DNU70.
Source: Buenos Aires Correspondent
