Argentina Congress suspends pension reform vote due to protestsBUENOS AIRES (Reuters) - Argentina s lower house on Thursday suspended a vote on President Mauricio Macri s pension reform plan, after the debate became a shouting match and protesters and police clashed violently outside Congress. The bill, which passed the Senate last month, is crucial for Macri s efforts to cut the fiscal deficit but has drawn criticism from opposition politicians and labor unions, who say it will hurt retirees and welfare recipients. Before Thursday s scheduled vote, the country s top union called a general strike for the following day. Demonstrators threw stones at metal barriers set up outside parliament, and security forces responded with rubber bullets and tear gas.  The incident showed strong obstacles remain for Macri s pro-business agenda, which includes tax and labor reforms. While his  Let s Change  coalition swept October s legislative midterm vote, he lacks a majority in either chamber.  We will not back down,  opposition lawmaker Mirta Tundis told local television.  It is outrageous that year after year, those who have less are affected most.  The pension reform would change the formula used to calculate benefits. Payments would adjust every quarter based on inflation, rather than the current system of twice-yearly adjustments linked to wage rises and tax revenue. Economists say the current formula means benefits go up in line with past inflation. Left unchanged, that could harm Macri s efforts to cut the fiscal deficit. Under the new formula, benefits would increase by 5 percentage points above inflation, according to Cabinet Chief Marcos Pena. The plan would take effect at a time of lower inflation expectations, hence slowing the pace of pension benefit increases.  This formula guarantees the sustainability of the system and that retirees will not lose to inflation,  Macri-allied  lawmaker Luciano Laspina told reporters. Macri is aiming to cut the fiscal deficit to 3.2 percent of gross domestic product next year from 4.2 percent this year, and to reduce inflation to 8-12 percent from above 20 percent this year. ($1 = 17.4300 Argentine pesos) worldnews
argentina congress suspends pension reform vote due protestsbuenos aires reuters argentina lower house thursday suspended vote president maurice macro pension reform plan debate became shouting match protesters police clashed violently outside congress the bill passed senate last month crucial macro efforts cut fiscal deficit drawn criticism opposition politicians labor unions say hurt retirees welfare recipients before thursday scheduled vote country top union called general strike following day demonstrators threw stones metal barriers set outside parliament security forces responded rubber bullets tear gas the incident showed strong obstacles remain macro agenda includes tax labor reforms while let change coalition swept october legislative midterm vote lacks majority either chamber we back opposition lawmaker mira tndis told local television it outrageous year year less affected the pension reform would change formula used calculate benefits payments would adjust every quarter based inflation rather current system adjustments linked wage rises tax revenue economists say current formula means benefits go line past inflation left unchanged could harm macro efforts cut fiscal deficit under new formula benefits would increase percentage points inflation according cabinet chief marcos pena the plan would take effect time lower inflation expectations hence slowing pace pension benefit increases this formula guarantees sustainability system retirees lose inflation lawmaker lucia lasting told reporters macro aiming cut fiscal deficit percent gross domestic product next year percent year reduce inflation percent percent year argentina pesos worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Argentina Congress suspends pension reform vote due to protestsBUENOS AIRES (Reuters) - Argentina s lower house on Thursday suspended a vote on President Mauricio Macri s pension reform plan, after the debate became a shouting match and protesters and police clashed violently outside Congress. The bill, which passed the Senate last month, is crucial for Macri s efforts to cut the fiscal deficit but has drawn criticism from opposition politicians and labor unions, who say it will hurt retirees and welfare recipients. Before Thursday s scheduled vote, the country s top union called a general strike for the following day. Demonstrators threw stones at metal barriers set up outside parliament, and security forces responded with rubber bullets and tear gas.  The incident showed strong obstacles remain for Macri s pro-business agenda, which includes tax and labor reforms. While his  Let s Change  coalition swept October s legislative midterm vote, he lacks a majority in either chamber.  We will not back down,  opposition lawmaker Mirta Tundis told local television.  It is outrageous that year after year, those who have less are affected most.  The pension reform would change the formula used to calculate benefits. Payments would adjust every quarter based on inflation, rather than the current system of twice-yearly adjustments linked to wage rises and tax revenue. Economists say the current formula means benefits go up in line with past inflation. Left unchanged, that could harm Macri s efforts to cut the fiscal deficit. Under the new formula, benefits would increase by 5 percentage points above inflation, according to Cabinet Chief Marcos Pena. The plan would take effect at a time of lower inflation expectations, hence slowing the pace of pension benefit increases.  This formula guarantees the sustainability of the system and that retirees will not lose to inflation,  Macri-allied  lawmaker Luciano Laspina told reporters. Macri is aiming to cut the fiscal deficit to 3.2 percent of gross domestic product next year from 4.2 percent this year, and to reduce inflation to 8-12 percent from above 20 percent this year. ($1 = 17.4300 Argentine pesos) worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: argentina congress suspends pension reform vote due protestsbuenos aires reuters argentina lower house thursday suspended vote president maurice macro pension reform plan debate became shouting match protesters police clashed violently outside congress the bill passed senate last month crucial macro efforts cut fiscal deficit drawn criticism opposition politicians labor unions say hurt retirees welfare recipients before thursday scheduled vote country top union called general strike following day demonstrators threw stones metal barriers set outside parliament security forces responded rubber bullets tear gas the incident showed strong obstacles remain macro agenda includes tax labor reforms while let change coalition swept october legislative midterm vote lacks majority either chamber we back opposition lawmaker mira tndis told local television it outrageous year year less affected the pension reform would change formula used calculate benefits payments would adjust every quarter based inflation rather current system adjustments linked wage rises tax revenue economists say current formula means benefits go line past inflation left unchanged could harm macro efforts cut fiscal deficit under new formula benefits would increase percentage points inflation according cabinet chief marcos pena the plan would take effect time lower inflation expectations hence slowing pace pension benefit increases this formula guarantees sustainability system retirees lose inflation lawmaker lucia lasting told reporters macro aiming cut fiscal deficit percent gross domestic product next year percent year reduce inflation percent percent year argentina pesos worldnews