{"id":703449,"date":"2026-08-05T20:28:23","date_gmt":"2026-08-06T00:28:23","guid":{"rendered":"https:\/\/goldtadise.com\/?p=703449"},"modified":"2026-08-05T20:28:23","modified_gmt":"2026-08-06T00:28:23","slug":"argentinas-milei-ending-the-debt-state-by-holding-politicians-personally-accountable-for-fiscal-excess","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=703449","title":{"rendered":"Argentina&#8217;s Milei: Ending the Debt State By Holding Politicians Personally Accountable For Fiscal Excess"},"content":{"rendered":"<p>Milei&#8217;s idea is straightforward:\u00a0<strong>future Argentine governments should have their wings clipped before they are even able to take flight on another debt-financed spending spree.<\/strong><\/p>\n<p>The mechanism is equally straightforward.\u00a0<strong>Should the federal budget remain in deficit for several consecutive months, Congress would be given a deadline to restore fiscal balance. Failure to do so would automatically trigger a U.S.-style government shutdown<\/strong>. Non-essential government activities would be suspended automatically\u2014without further parliamentary debate or political horse-trading.\u00a0<strong>The President, Vice President, cabinet ministers, state secretaries, and every member of both houses of Congress would receive not a single peso in salary until the budget is balanced once again.<\/strong><\/p>\n<p>Furthermore, all new spending would be frozen. No new contracts could be awarded, and no additional public employees could be hired. Even more striking, discretionary transfers from the federal government to Argentina&#8217;s provinces would also be suspended.<\/p>\n<p><a href=\"https:\/\/www.zerohedge.com\/economics\/argentinas-milei-ending-debt-state-holding-politicians-personally-accountable-fiscal\">https:\/\/www.zerohedge.com\/economics\/argentinas-milei-ending-debt-state-holding-politicians-personally-accountable-fiscal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Milei&#8217;s idea is straightforward:\u00a0future Argentine governments should have their wings clipped before they are even able to take flight on another debt-financed spending spree. The mechanism is equally straightforward.\u00a0Should the federal budget remain in deficit for several consecutive months, Congress &hellip; <a href=\"https:\/\/goldtadise.com\/?p=703449\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2948,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-703449","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/703449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2948"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=703449"}],"version-history":[{"count":1,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/703449\/revisions"}],"predecessor-version":[{"id":703450,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/703449\/revisions\/703450"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=703449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=703449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=703449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}