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Brazil Senate approves base text of fiscal adjustment bill in 45-31 vote
The bill, which now moves to the Chamber of Deputies, aims to contain spending growth and curb tax benefits, with the government projecting up to R$60 billion in savings for 2027.
Brazil's Federal Senate approved on Thursday the base text of the government's fiscal adjustment bill, a package designed to steady public debt and help the economic team pursue the primary result target, according to Folha de S.Paulo and G1.
The proposal, a complementary bill (PLP), passed by 45 votes to 31, G1 reported. Senators must still vote on highlights, which could amend the text, before it proceeds to the Chamber of Deputies, where a vote is expected next Tuesday (17), according to the same outlet.
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