“Brazil votes on major changes in public spending: what did they decide? Brazil’s Lower House and Senate voted on three proposals to cut public spending. The Senate supported the ban on tax breaks in the event of a budget deficit.”, — write on: unn.ua
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Although some of the changes included in the package could reduce its fiscal impact, the government of President Luiz Inacio Lula da Silva has insisted on an urgent approval of the documents before the start of the parliamentary recess next week.
The Senate supported the first proposal, which provides for a ban on the provision or expansion of tax benefits in the event of an initial deficit of the state budget. The discussion of the other two proposals is ongoing.
Republican spending bill fails in US CongressDecember 20 2024, 00:28 • 3632 views