Milei plans US-style government shutdown mechanism to cap Argentina's spending
Argentine President Javier Milei announced on Tuesday that he will send Congress a bill to introduce a government "shutdown" mechanism, modeled on the US system, that would bar the executive from continuing to spend once budget allocations run out. The measure is part of a package of economic reforms with which the president aims to relaunch his administration.
7/8/2026 12:20:00 AM