Javier Milei Proposes The “Pact Of May 25th”, Announces “anti-caste” Laws And The Closure Of Télam

Javier Milei suggested a package with his chainsaw raised “Anti-caste” lawsshouted a Major national agreement – “May 25 Pact” – and announced the closure of the historic agency News from Télam State at the opening of the 142nd regular session of the National Congress.

In his 70-minute speech, he spoke about what he called the legacy of previous governments “An orgy of public spending”attacked political, union and business leaders – under the name “breed”– and threatened that he would govern “with or without the help of the rest of the political leadership.”

“If we encounter an obstacle, we will not turn back, but will continue to accelerate,” Milei warned, adding: “If they look for conflict, they will have conflict,” while being applauded by his supporters.

The “Pact of May 25th” is scheduled to be signed on May 25th in the province of Cordoba, coinciding with the anniversary of the Revolution of 1810. Photo: AFP

The “Pact of May 25th”

Milei He made a historic call to forces across the political spectrum to sign a “social contract” consisting of ten points already established. This includes the “holy” protection of the Private property and the need to maintain fiscal balance. One by one, the 'Pact of May 25th', in the words of the Argentine President:

The inviolability of private property

The non-negotiable budget balance

Reducing public spending to historic levels, around 25% of gross domestic product

A tax reform that reduces tax pressure, simplifies the lives of Argentines and promotes trade

Re-discussing federal tax sharing to end the “current extortionate model” forever

A commitment by the provinces to advance the exploitation of the country's natural resources

A modern labor reform that promotes formal work

A pension reform that gives sustainability to the system, respects those who have contributed and allows those who prefer to participate in a private pension system

A political structural reform that changes the existing system and realigns the interests of the representatives and those represented

Opening up to international trade so that Argentina can once again become a protagonist on the world market.

In a symbolic act, this agreement, called “Pact of May 25th', should be signed in Cordoba Province on May 25th, coinciding with the anniversary of the Revolution of 1810a precursor event to Argentina's independence from Spain in 1816.

The “anti-caste” laws

After the fall of Omnibus lawMilei spoke of another ambitious package to tackle caste “privileges”, ranging from the abolition of pensions president And Vice President of the nation, labor reform, measures to combat corruption among civil servants, abolition of public financing of political parties, etc.

To make the pension system more fair, it is proposed to abolish special pensions for the country's president and vice president.
A system of regular, transparent elections will be established under the supervision of the relevant electoral body. The term of office is limited to four years and only one re-election is possible.
The labor reform will give priority to direct agreements between employers and employees, giving them greater prominence over sectoral collective agreements.
With regard to public integrity, those seeking a national electoral position after being convicted of corruption in the second instance are disqualified. Likewise, former officials convicted in these circumstances lose the benefits they received from their previous public roles.
The number of legal advisors hired for MPs and senators is expected to decrease significantly in order to optimize public spending.
For public sector employees, participation in strikes means a deduction from the daily wage corresponding to the day not worked.
Funding of political parties will radically change by eliminating government contributions and transferring responsibility for funding to private sources, be they donations or membership fees.
A legal measure is introduced that sanctions those officials, including the President, the Minister of Economy, members of the Central Bank, deputies and senators, who support budgets that finance the budget deficit through the issuance of currency, with the aim of promoting better management. Responsible public prosecutor.

Milei spoke of another ambitious package to combat caste “privileges”. Photo: AFP

Milei closes Télam after almost 80 years of existence

The President of Argentina, Javier Mileialso announced the dissolution of the State news agency Télam after ensuring that it is a propaganda tool in the service of Kirchnerist interests 78 years after its founding.

This announcement follows the action taken in early February liberal government, which consisted of the intervention of all state communications institutions for a year. The stated goal was to restructure the organization and operations. The intervention affected several media outlets, including public radio and television, the Télam agency, the educational website Educ.ar, the Audiovisual Production Pole and the Argentine Audiovisual Bank of Universal Contents (Bacua).

Télam, with a team of more than 700 workers, Between administrators, journalists and photographers, it is responsible for the daily production of more than 500 news stories, approximately 200 photos and a variety of content on video, radio and social media platforms.