On Tuesday afternoon, October 14, President Donald Trump met with visiting Argentina President Javier Milei at the White House. Trump is offering the South American country, which has suffered major problems with its currency, a $20 billion bailout.

Trump, talking to reporters, made it clear that the bailout money is conditional on the right-wing Milei staying in office.

Trump told reporters, "If he loses, we are not going to be generous with Argentina… I think he’s going to win. And if he wins, we're staying with him — and if he doesn’t win, we're gone."

$20 billion, however, may not be all the money Argentina receives from the U.S. According to Treasury Secretary Scott Bessent, Argentina may receive as much as $40 billion from the U.S. when all is said and done.

As Semafor's Eleanor Mueller reports, "The Trump administration is 'working on a $20B facility that would be adjacent to our swap line' for Argentina, Bessent [told] reporters Wednesday.

"That would be a total of $40 billion for Argentina," Bessent added, according to Mueller.

According to the New York Times, "major hedge funds, including those led by friends of Mr. Bessent, stand to benefit financially from an Argentina economic lifeline. Funds at investment firms including BlackRock, Fidelity and Pimco are heavily invested in Argentina, as are investors such as Stanley Druckenmiller and Robert Citrone, both of whom worked with Mr. Bessent when he was an investor for George Soros."

The $40 billion figure and Bessent's comments are getting a lot of reactions on X, formerly Twitter.

MeidasTouch's Ron Filipkowski posted, "Now we are up to $40 billion for Argentina. Can anyone stop Bessent from unilaterally sending unlimited amounts of our money to South America? And Republicans won’t even negotiate with the Democrats on health care for Americans. Where is Congress?"

X user Jordan wrote, "America First is slashing SNAP funding for hungry American families while sending $40 billion to Argentina.

Another X user, Scott, commented, "Why doesn't congress have to approve 40 billion of our tax [money] going to Argentina? Can Bessent legally send our tax [money] there?"

Rep. Melanie Stansbury (D-NM) tweeted, "Breaking news! 15 days into a government shutdown, and Trump has promised a $40 billion bailout to the Argentinian government on the backs of the American people using YOUR taxpayer dollars, while threatening to cut off food assistance to American families."

Self-described "straight, white alpha male" Politics Sloth wrote, "MAGA — 'We need to stop sending money overseas [and] use the money on Americans!' Support cutting government programs — bailing out a foreign country."

Some MAGA Republicans are speaking out as well, arguing that giving $40 billion to Argentina is inconsistent with the America First agenda.

America First proponent Kwasny posted, "Wow. Yesterday, it was $20 billion. Today, it is $40 billion? Sounds like you are pulling numbers from your rear end."

White House Xray wrote, "The Monroe Doctrine 2.0: Dollar Diplomacy edition. Trump's admin rebrands imperialism as 'philosophical charity' -—where foreign aid becomes a loyalty test administered through ATMs. They’ve tied $40 [billion] to Milei’s Oct 26 election, Trump admitting 'we don’t have to do it' (10/15). Yet during America’s 15th day of shutdown, farmers beg for relief while Medicaid gets $1 [trillion] cuts. Bessent calls this 'strategic interest' as Argentina’s market drops 30percent YTD - but US workers? 'Gone,' per Trump’s playbook. Priorities: ideological crusades abroad, austerity at home."

Reprinted with permission from Alternet