(Adds details, quote in paragraphs 6-9) BUENOS AIRES, Oct 2 (Reuters) – Argentine lawmakers overturned on Thursday two vetoes by President Javier Milei, marking a setback for the libertarian leader ahead of key legislative elections that could shape the future of his economic reform agenda. The opposition-controlled Senate voted overwhelmingly to override Milei's vetoes of bills boosting funding for public universities and pediatric health care, with margins of 59-7 and 58-7, respectively. Milei, who has implemented deep austerity policies to reduce the size of government, said the new spending would jeopardize Argentina's fiscal balance. In September, Argentina's congress for the first time overturned a veto issued by Milei, reinstating a bill that increased spending for people with disabilities. It is a precarious time for Milei as the country prepares for midterm elections on October 26 and his popularity drops in the face of a corruption scandal and public weariness with his austerity measures. "There's a sensation of disenchantment and anger with the impact of the cutbacks," said Sebastian Halperin, a political consultant in Buenos Aires, adding that Milei had failed to build alliances with governors who influence how their province's legislators vote in Congress. Milei recently received a show of support from U.S. President Donald Trump, who said he would help stabilize Argentina's financial markets. The two are expected to meet in October as Milei seeks to secure a credit swap line from the United States. Analysts say, however, the president still needs a strong result in the midterms to avoid jeopardizing the progress he has made in steadying Argentina's economy. (Reporting by Lucila Sigal, Nicolas Masculin and Natalia Siniawski; Writing by Leila Miller; Editing by Kylie Madry and Nia Williams)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Parents can help youngsters regain their motivation by creating successes. Making their progress visible will…
Berlin (dpa) – Bread and baked goods top the list of food items we wind…
Check out these tips to get the best out of your air fryer, from how…
A gene-edited pig kidney kept a man off dialysis for nine months in a world…
Rome (PA Media/dpa) - Cases of diabetes develop earlier and are more severe in women who…
Berlin (dpa) - Municipalities in many places around the globe have at least one dedicated…