Self-styled anarcho-capitalist prompts outrage after claiming bills would ‘break government’s fiscal balance’

Argentina’s president, Javier Milei, has vetoed three bills that would have increased pensions and disability benefits, prompting outrage from both groups and the lawmakers who had approved the measures.

The self-styled anarcho-capitalist claimed the bills would “break the government’s fiscal balance” and insisted there was “no money” to fund the measures, which Congress had approved in early July.

Pensioners have been among the hardest hit by Milei’s so-called “chainsaw” austerity drive and have been holding weekly demonstrations outside Congress every Wednesday, come rain or shine.

Overriding the presidential veto would require a two-thirds majority in parliament. Should that happen, Milei has already announced he intends to challenge the bills in court.