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Argentine Senate Overrides Milei’s ATN Veto, Sending Decision to Deputies

The fight now shifts to the Chamber of Deputies for the final override required to enact automatic provincial transfers.

Overview

  • The Senate voted 59–9 with 3 abstentions to reject the presidential veto, surpassing July’s approval margin.
  • The law would require automatic, coparticipation-based distribution of ATN, ending executive discretion over a roughly 1% emergency fund.
  • Peronist blocs, parts of the UCR and PRO, and provincial senators formed the majority, reflecting rare cross-bloc alignment driven by governors.
  • The matter now moves to the lower house, where a second override is needed; recent outreach and ATN disbursements by the Executive did not avert the setback.
  • The administration argues the veto protects its deficit-zero strategy and preserves an emergency tool, and officials have signaled they may explore judicial options if the override is finalized.