Threats to the opposition and a popular consultation on the horizon: tension in Argentina after the fall of Milei's 'omnibus law'

The visit to the Wailing Wall on Tuesday did not bring peace to Javier Milei. Just hours later, the Argentine president made a bold move and ordered the withdrawal of an omnibus law that had been approved the previous week. This decision came after the law faced criticism from the opposition following a heated debate on its articles.

On social media, Milei expressed his frustration, stating, “Last night, the ruling class celebrated.” Despite only getting three hours of sleep, he went on to have a meeting with Israeli Prime Minister Benjamin Netanyahu on Wednesday.

Milei continued his criticism, mentioning that “good Argentines” were suffering the negative effects of the ruling class’s actions, comparing them to beasts that celebrated the country’s economic crisis in 2001 and 2002. In a meeting with Israeli businessmen, he further attacked “the governors” without explicitly naming them, accusing them of dismantling the law.

The omnibus law, originally consisting of 664 articles, had already been significantly reduced but still aimed to deregulate and liberalize the Argentine economy. However, a dialogue opposition group objected to various articles, leading to a series of defeats and the president’s explosive response.

The political environment is tense, with many governors and opposition legislators offended by the president’s actions. Milei even liked a tweet denigrating the social democratic Radical Civic Union (UCR), who attempted to support the government. As a result, doubts arise about whether Milei will deliver his traditional speech on March 1 to inaugurate the period of ordinary sessions.

There is speculation that a non-binding popular consultation may be organized outside of Parliament, serving as a way to bypass the political establishment. However, to hold a plebiscite, both chambers of Congress would need to support the call. Presidential spokesman Manuel Adorni stated that they are considering this option to ensure that the progress of “the Argentina of the future” is not impeded.