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3. Even as #Argentina's government negotiates with the #IMF over budget cuts, @SenadoArgentina is voting Wednesday on "anti-tarifazo" legislation to undermine efforts to reduce popular, but unsustainable, public subsidies to water, natural gas, electricity and transportation.
4. Though President Macri has threatened a veto, @DiputadosAR's passage of the bill (133 to 91), and its strong chances in the Senate, demonstrate both the numerical and cultural challenges the government faces as it seeks to overcome the crisis financiera.pic.twitter.com/gyPaDo9AHK
5. Though subsidies equaled 4.5% of GDP in 2015, Macri's own coalition is divided on the issue. Why? 8-in-10 Argentines say the utility price hikes "very much" hurt their personal finances (@Poliarquia_) and 4-in-10 think every Argentine deserves subsidized rates (@GiacobbeOP).pic.twitter.com/FHKwtVT6B3
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