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Politics What would remain of the Omnibus Law if the Government agrees to eliminate the articles requested by the “dialogue” opposition - Infobae

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What would remain of the Omnibus Law if the Government agrees to eliminate the articles requested by the “dialogue” opposition - Infobae
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January 22, 2024

The national authorities are trying to reach an agreement with the different blocks in Congress to be able to sanction the package of projects sent by the Presidency. The deregulations that are still maintained and which articles are under the spotlight

By Federico Galligani

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The set of reforms was sent at the end of 2023

The discussion in Congress around the so-called Law of Bases and Starting Points for the Freedom of Argentines is taking more than what the Government expected. The national authorities, with the aim of speeding up the negotiations and obtaining an opinion, were flexible to modify some of the articles of the project, which has more than 350 pages.

“What I believe is that a completely dismantled text will end up coming out, because we are going to be able to bring it to the floor and, when it is voted on in particular, each block is going to express its differences and several issues are not going to come up ”, he confided to Infobae an important leader of La Libertad Avanza.

Throughout the past week, the main leaders of the ruling party, including the Minister of the Interior, Guillermo Francos, the advisor , met with the heads of the opposition benches to try to bring positions closer.Martín Menemand the head of the Chamber of Deputies, Santiago Caputo, and the head of the Chamber of Deputies, Martín Menem, met with the heads of the opposition benches to try to bring positions closer together.

During the conversations, the “dialogue” legislators told the president's envoys Javier Milei that they would only support the reform package if They eliminate some of the measures that generated controversy.

Thus, while some sectors of the Casa Rosada insisted that “no aspect of the law was being negotiated,” different officials went from one office to another in Congress, bringing different versions of the law to reach a consensus.

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The committees of the Chamber of Deputies have been debating the law for several days

Although at the moment there is no official confirmation, the opposition is confident that the Government is going to eliminate several articles from the set of projects, while others are going to be modified and a few will have a much more limited scope than originally proposed.

The central debate, at this time, revolves around two points: the 15% rate for withholdings on regional economies and the elimination of the current formula for updating pensions, to move to a system of discretionary increases until a better alternative is found.

According to the estimates managed by the Ministry of Economy, these two instruments represent for the Government about one percentage point of the GDP, about 1.7 trillion (millions of millions) of pesos, so they are key in the intentions of the president Javier Milei to aim for fiscal deficit 0 this year.

If these aspects of the law are finally removed, the Executive Branch will have to compensate for the consequent loss of revenue, deepening the adjustment in other areas , such as subsidies, public works and transfers to provinces.

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Withholdings from regional economies would be eliminated (Ricardo Rubio - Europa Press)

On Sunday, in fact, the governors of Together for Change and a group of opposition legislators participated in a zoom in which they confirmed that they will not support the initiatives if the withholdings, which directly affect the provinces, are not eliminated. since they are not co-participable, so they are awaiting an official definition.

On the other hand, the Presidency would also agree to reduce from four to two years the maximum period during which the economic emergency will govern, a period in which Milei will have exceptional powers to make decisions on different issues without having to go through Congress.

Likewise, the change in the composition of the Chamber of Deputies would be left out of the text, as well as the entire chapter referring to the general corporate law, while YPF would be excluded from the section of public companies to be privatized.

In addition, according to a draft accessed by this media, a guarantee would be established so that the resources of the INCAA, the National Institute of Music (INAMU) and the National Commission of Popular Libraries (CONABIP) are maintained and the current requirements would also remain. for the Anti-Corruption Office, among many other points in which it reversed course.

What remains of the law​

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Martín Menem and Guillermo Francos, holding the original version of the law package

If the Government finally agrees to all these demands, the law that will be voted on in Congress will be substantially different from the original, although it will maintain several of the reforms proposed by President Milei, especially in administrative and some economic issues.

For example, the possibility of selling most public companies will continue to apply, including the media and Aerolíneas Argentinas; the initiative to simplify and digitize various procedures; the resale of sports tickets and sanctions for picketers and for those who organize street blocks, even if they do not participate in it.

There would also be progress with the implementation of the jury trial regime at the federal level; the elimination of STEP; periodic exams for students and teachers and university fees for foreigners who do not have permanent residence, and restrictions on acts, programs, works, services and political campaigns.

In terms of economic deregulation and investment promotion, although with some limitations, the package preserves the projects so that people can launder up to $100,000 in cash, real estate or cryptocurrencies without paying taxes; so that products can be imported without taxes; to forgive fines, sanctions and other benefits to employers who regularize labor relations; to repeal various regulations relating to competition and to eliminate subsidies.

Finally, although the deadline was shortened to one year, with the possibility of extending it to another year, the Government will be allowed to declare a public emergency in economic, financial, fiscal, pension, security, tariff, energy and administrative matters - no longer in defense, social or health matters.

This will give the Executive Branch the possibility of having “legislative powers” to advance with different measures in each of the aforementioned areas, without having to comply with parliamentary deadlines.


“The objective is for the plenary session of commissions to be convened on Tuesday,” an official source linked to the negotiations told Infobae. In this way, the Budget, Constitutional Affairs, General Legislation and Foreign Relations would meet to decide what to do with the law.

The ruling party is confident that it will have the necessary votes to be able to issue a majority opinion and, in this way, call a session for next Thursday in the Chamber of Deputies, so that it can be debated in the chamber. If it obtains half a sanction, the package will go to the Senate.
 
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