Frente Amplio submits request to TGR over CAE debtor embargoes

The Frente Amplio parliamentary group submitted an official request to the Tesorería General de la República following reports of full bank account withdrawals from CAE debtors.

On Saturday, June 6, the Frente Amplio parliamentary group directed an official letter to the Tesorería General de la República. They requested details on the income criteria applied in embargoes and retentions. Party deputies, including Emilia Schneider, reported hundreds of testimonies of collections that affected even people with low earnings. Schneider stated that leaving someone without their salary constitutes an immorality. The Treasury reported that it has already executed real estate embargoes in Antofagasta, La Araucanía and Los Lagos. The actions will extend to the rest of the country in the coming days. In April, deputies Emilia Schneider, Constanza Schonhaut and Gael Yeomans presented a bill. The initiative seeks to protect debtors with monthly incomes below 1.5 million pesos.

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Illustration of Chilean deputies introducing a bill to protect CAE debtors' wages from seizures in a congressional setting.
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Opposition introduces bill to shield wages of CAE debtors from seizures

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Opposition deputies introduced a bill on Monday to prevent the Treasury from seizing funds in bank accounts of CAE debtors. The measure aims to extend wage protection even after deposits are made.

Chile's General Treasury (TGR) announced on Monday the start of collecting overdue Crédito con Aval del Estado (CAE) debts, affecting more than 550,000 people. The plan segments actions by monthly income, with judicial measures for those earning over 5 million pesos and payment plans for others. Education Minister María Paz Arzola backed the effort to recover public funds.

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The Chamber of Deputies' Finance Committee began on Tuesday the detailed discussion of President José Antonio Kast's reconstruction and economic reactivation megareform, amid tensions over more than 1,295 amendments filed by the opposition.

The Partido de la Gente announced on Wednesday that its agreement with the government to back the megareform bill has collapsed, accusing the administration of failing to include middle-class benefits such as VAT refunds on medicines and diapers. The decision marks a sharp turn after weeks of talks and internal divisions within the party.

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Chile's Chamber of Deputies ended an eight-hour debate yesterday on the National Reconstruction Plan bill. The government-backed initiative aims to cut corporate taxes and provide investment certainty.

The Supreme Court of Justice of the Nation decided to intervene in the case filed by La Pampa against the National State over the distribution of National Treasury Contributions. The highest court gave the government 60 days to respond.

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A viral video showed opposition lawmakers announcing more than 2,000 amendments to the national reconstruction project. Biminister Daniel Mas and President José Antonio Kast criticized the strategy as an obstacle to growth.

 

 

 

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