Milei hails 'tipping point' after sweeping Argentina’s midterms, vows to 'make Argentina great again'

Argentine President Javier Milei declared that his government had reached a “tipping point” after his libertarian party scored a decisive victory in the nation’s midterm elections, a result he said would kick off the building “a great Argentina.”

Milei’s party, La Libertad Avanza, captured just over 40 percent of the nationwide vote, far exceeding expectations. Supporters packed the streets of Buenos Aires late Sunday as the president took the stage, proclaiming, "Today we passed the tipping point, the construction of a great Argentina begins."

He went on to promise reforms aimed at turning the country’s economy around and reaffirmed his campaign slogan, according to GB News, “We must consolidate the path of reform … to make Argentina great again.”

The results dealt a heavy blow to the Peronist opposition, Fuerza Patria, which won roughly 31 percent of votes. The midterms were widely viewed as a referendum on Milei’s aggressive libertarian agenda since taking office in December 2023—an agenda defined by deep budget cuts, mass layoffs, and an effort to end Argentina’s long history of deficit spending.

For Milei’s camp, the results mark a major political shift. Before Sunday, La Libertad Avanza held just seven Senate seats and 37 in the lower house. The new totals hand the party 13 of 24 Senate seats and 64 of 127 lower-house contests, giving Milei the blocking power needed to sustain presidential vetoes.

Among the first to congratulate him was US President Donald Trump, who called the result a “landslide victory.” “Our confidence in him was justified by the people of Argentina,” Trump said. His message followed Washington’s recent $40 billion aid pledge, the largest US financial package to another nation since Mexico’s bailout in 1995.

Milei’s presidency has been defined by his self-styled “chainsaw” campaign to slash government spending.

Tens of thousands of public-sector jobs were cut, and several programs frozen, bringing inflation down from 230 percent to 30 percent within a year. Argentina also posted its first budget surplus in 14 years.

Still, the austerity drive came with pain: the peso’s purchasing power fell sharply and roughly 250,000 jobs vanished. Even so, by August 2025, the economy began inching forward again—growing 0.3 percent after months of contraction.