Chile Senate Presses Kast to Revise Economic Bill After Lower House Passed It Last Month
Updated
Updated · Bloomberg · Jun 3
Chile Senate Presses Kast to Revise Economic Bill After Lower House Passed It Last Month
1 articles · Updated · Bloomberg · Jun 3
Summary
Chile’s Senate is putting new pressure on President José Antonio Kast to change his flagship economic bill after his team pushed it through the lower house last month.
Pro-government senators as well as opposition lawmakers want to slow the debate and reconsider key provisions, signaling a tougher path than in the chamber where the bill first advanced.
Disputes center on who should receive employment subsidies and how long tax-rate guarantees should last for investment projects.
The Senate fight now threatens to reshape Kast’s centerpiece economic package, testing his ability to hold support even within his own coalition.