What is the "omnibus law" that Milei sent to Argentina's Congress (and why this third leg of his reforms is the most profound)?
Three reform packages in three weeks of government. And the biggest one was left for the end.
With barely 17 days in power, Javier Milei sent to the Argentine Congress on Wednesday an "omnibus law" -or bill with many laws- that makes up the third and last part of the liberal reform plan with which he plans to "make a turning point in Argentine history".
The new president had barely been in office for 48 hours when his Minister of Economy, Luis Caputo, announced 10 "emergency measures" to face the economic crisis, among them a brutal devaluation of the peso, which lost half its value against the dollar in a single day.
In his second week, through the national chain, Milei himself announced the details of the controversial "decree of necessity and urgency" (DNU) with which the Executive Power intends to modify or repeal 366 laws that regulate different sectors of the economy.
Now, in the third week of the new libertarian government, the presidential spokesman Manuel Adorni informed that a "package of laws to be dealt with in extraordinary sessions, entitled Law of Bases and Starting Points for the Freedom of the Argentines" was sent to Congress.
Milei himself pointed out that this legislative project is the most profound since it contains "two thirds" of all his reform proposals.
"Public emergency"
The most striking -and worrying, according to its detractors- is the one that calls for declaring "a public emergency in economic, financial, fiscal, social security, security, defense, tariff, energy, sanitary, administrative and social matters until December 31, 2025".
A period that "may be extended by the National Executive Power for a maximum term of TWO (2) years".
In practice, if this rule were to be approved, Milei would have during his four years of government the power to decide on all these matters on which today only the Parliament can legislate.
In other words, he would have in his hands the power of both the Executive and the Legislative, a controversial proposal which, in practice, has little chance of being approved by the legislators of the ruling party La Libertad Avanza, who are in the minority, according to many analysts.
www.bbc.com
As I read this proposed Omnibus Bill I couldn't help but remember those lines where Palpatine declares the birth of the Empire.
With the (improbable) approval of the Omnibus Law, Milei would be fulfilling one of his messianic dreams, to become emperor of his piece of the planet.
And of course, the populist phrase "for the freedom of the Argentine people" could not be missing.
Three reform packages in three weeks of government. And the biggest one was left for the end.
With barely 17 days in power, Javier Milei sent to the Argentine Congress on Wednesday an "omnibus law" -or bill with many laws- that makes up the third and last part of the liberal reform plan with which he plans to "make a turning point in Argentine history".
The new president had barely been in office for 48 hours when his Minister of Economy, Luis Caputo, announced 10 "emergency measures" to face the economic crisis, among them a brutal devaluation of the peso, which lost half its value against the dollar in a single day.
In his second week, through the national chain, Milei himself announced the details of the controversial "decree of necessity and urgency" (DNU) with which the Executive Power intends to modify or repeal 366 laws that regulate different sectors of the economy.
Now, in the third week of the new libertarian government, the presidential spokesman Manuel Adorni informed that a "package of laws to be dealt with in extraordinary sessions, entitled Law of Bases and Starting Points for the Freedom of the Argentines" was sent to Congress.
Milei himself pointed out that this legislative project is the most profound since it contains "two thirds" of all his reform proposals.
"Public emergency"
The most striking -and worrying, according to its detractors- is the one that calls for declaring "a public emergency in economic, financial, fiscal, social security, security, defense, tariff, energy, sanitary, administrative and social matters until December 31, 2025".
A period that "may be extended by the National Executive Power for a maximum term of TWO (2) years".
In practice, if this rule were to be approved, Milei would have during his four years of government the power to decide on all these matters on which today only the Parliament can legislate.
In other words, he would have in his hands the power of both the Executive and the Legislative, a controversial proposal which, in practice, has little chance of being approved by the legislators of the ruling party La Libertad Avanza, who are in the minority, according to many analysts.
Milei: en qué consiste la “ley ómnibus” que envió el presidente argentino al Congreso de su país (y por qué esta tercera pata de sus reformas es la más profunda) - BBC News Mundo
Te contamos por qué genera controversia el paquete de leyes que propone el líder libertario para “dar un punto de giro en la historia argentina”.
www.bbc.com
As I read this proposed Omnibus Bill I couldn't help but remember those lines where Palpatine declares the birth of the Empire.
With the (improbable) approval of the Omnibus Law, Milei would be fulfilling one of his messianic dreams, to become emperor of his piece of the planet.
And of course, the populist phrase "for the freedom of the Argentine people" could not be missing.
