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Germán Martínez against the exceptional powers of the omnibus law: It remains invokable

The president of the Unión por la Patria bloc ratified the opposition of the majority bench to the omnibus law and also pointed out against privatizations.


Interviewed by C5N, the president of the Peronist bloc said that the bill “remains invokable“: “It’s a trap, they are getting rid of things but they want to stay with the heart of the law, with delegated powers never seen in Argentina for reach and depth.”

“The issue of delegated powers must be looked at in depth, because everything you renounce can be done with delegated powersthat is the key to understanding that,” he explained and pointed out that, approve the projectthe President may “build a hegemonic power like no one has had since the return of democracy“. Likewise, he showed his rejection of “issues that were not withdrawn, such as the liquidation of the solidarity guarantee fund, privatizations of 41 public companiescriminal components, among other factors”.

Exceptional powers are the main focus of criticism in Union for the Homeland. “What they take out, they can put it in at a stroke. Caputo’s announcement is not only a lie, but it underestimates the ability to understand the danger that lurks with the possible validity of this law,” said the deputy. Blanca Osuna. In that same sense, the cordovan governor Martin Llaryora -whose local deputies make up the block of We make Federal Coalition– I consider that “Powers must be delegated to make decisions quickly, but there are too many that have been requested.”.

Omnibus law: the effect on the province of Santa Fe

German Martinez He also referred to the impact that the approval of the omnibus law in the province of Santa Fewhich represents in the Chamber of Deputies. The legislator listed ten causes on his social network account X, among which he included:

  • “The Milei delegation of powers may liquidate the Sustainability Guarantee Fund. That harms 440,000 retirees in Santa Fe ANSESraises questions about future retirees and puts the provincial Retirement Fund (not transferred) in crisis.”
  • “With the delegation of powers Milei will be able to increase the retirement age, eliminate pension moratoriums and review special regimes (university teachers, scientists, etc.).”
  • “Santa Fe will also be harmed by the intervention of organizations such as INTA, INTI, CONICET, SENASA, INASE and others, fundamental for the economic and productive development of the province”.
  • Caputo He made it clear that he will aim for fiscal balance by cutting other expenses. AND Milei He said that he is going to ‘melt’ the provinces. That means less funds for public works, education, science and technologycredits at subsidized rates, etc.
  • “With the delegated powers and the mega DNU (to which we must add that the 2023 Budget is being used, extended by decree) Milei will deepen the transport subsidy cut of passengers”.
  • “With delegated powers Milei will privatize Banco Nación, key for Santa Fe production. Same with Military Fabrications in Fray Luis Beltrán. Flights will end Airlines. The fiber optic network is going to be dismantled (ARSAT)“.
  • “With the delegated powers Milei will privatize Argentine Trains. That is bad for Santa Fe. Bye to the connectivity of the ports, to the recovery of branches, to local trains, to the promotion of the Santa Fe railway workshops.”
  • “The omnibus law is a mortal blow for the Santa Fe cultural industries. Culture is defunded, popular libraries are put at risk, organizations linked to cinema, music, theater will intervene.”

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One by one, the changes in the omnibus law announced by Luis Caputo

The articles included in the chapter of the tax reform of the omnibus law and that will be removed contemplated modifications in:

  • Retirement mobility: The formula that determined retirement benefits will continue by an index that arises from adding 50% of the quarterly increase in the collection of the ANSES and 50% of the variation in salaries.
  • Money laundering: was allowed regularize up to US$100,000 in cashreal estate or cryptocurrencies without paying taxes.
  • Moratorium: new regime was established regularization of tax obligationscustoms and social security.
  • Personal property: contemplated the possibility of an early payment of this tax for obligations of the next four years and a gradual reduction in the rates.
  • Income Tax: The non-taxable minimum was reduced until it reached gross salaries of more than $1,350,000.
  • Withholdings: The increase in charges for export duties to regional economies is eliminated.

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