Argentina's Congress Upholds Milei's Veto on University Funding

Despite widespread protests, lawmakers failed to gather the two-thirds majority needed to overturn the president's decision.

• President Javier Milei vetoed a bill that would have increased university funding in line with Argentina's high inflation rate.
• The lower house of Congress fell six votes short of the two-thirds majority required to reverse the veto.
• Milei argues that increased spending would threaten fiscal stability amid an ongoing economic crisis.
• Public backlash has been significant, with mass protests and university strikes opposing the cuts to education funding.
• University staff salaries have lost about 40% of their purchasing power due to inflation, highlighting the financial strain on public education.

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