Government should move forward with fiscal package measures this week in the Chamber, says newspaper
A few weeks before the parliamentary recess, which begins on December 22nd, the government of President Luiz Inácio Lula da Silva will try to move forward, this week, with the first votes on the spending cut package presented by the Minister of Finance, Fernando Haddad, in last week. The information is from the newspaper The Globe.
According to the leader of the PT in the Chamber, Odair Cunha (MG), the government’s work will be to ensure that the bills (PLs) of the package already filed must go to the plenary session by Wednesday (4). The list of PLs that will be voted on, however, will be defined at the leaders’ meeting this Tuesday (3).
We will discuss fiscal adjustment again in “two or three months” if necessary, says Haddad
Minister of Finance was asked if the government had cut all the spending it could
Haddad announced last week measures that should save around R$70 billion over the next two years, in addition to a reform in Income Tax to make it possible to increase the exemption range, from 2026, for those earning up to R$5,000. .
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In this context, the government has already presented two bills: the first proposes a review of the Continuous Payment Benefit (BPC), changes to Bolsa Família and the minimum wage rule, while the second deals with measures such as the prohibition of concession, expansion or extension of tax incentives or benefits in deficit situations, in addition to authorizing the blocking of parliamentary amendments.
According to Cunha, the orientation is to vote on the ordinary and complementary bills this week.
Read more: PEC and bills: find out how the tax package will be processed in Congress
The federal government must also forward to Parliament a Proposed Amendment to the Constitution (PEC) and a Complementary Bill (PLC) with fiscal measures. The possibility of sending an Ordinary Bill (PL), which would specifically address military expenses, is also being evaluated.
Among the cost-cutting measures is limiting the real gain from the minimum wage to the limits of the fiscal framework. In other words, it would be adjusted for inflation and would have a real gain of between 0.6% and 2.5%. The current law talks about inflation plus the variation in GDP.
There is also a gradual cut in access to the salary bonus of one minimum wage per year. Today it benefits those earning up to two minimum wages, but this would gradually drop to one and a half minimum wages.
