The transitional government of Brazil's President-elect Luiz Inacio Lula da Silva hopes to obtain Congress approval for a minimum 150 billion reais ($29 billion) waiver from the constitutional spending cap to meet campaign promises, congressman Reginaldo Lopes said on Friday. The amount represents a significant reduction from the proposal officially filed in Congress to exempt
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In less than four weeks, Lula da Silva will officially take the office of the president in Brazil and begin the difficult journey of recovery from the socioeconomic mess left behind by fascist Jair Bolsonaro. Lula’s victory is undoubtedly historic and unprecedented. It highlights one of the greatest political comebacks in world history.
BRASILIA (Reuters) -A controversial proposal to make room for more spending in the 2023 budget under Brazil's President-elect Luiz Inacio Lula da Silva was formally presented to Congress on Monday, providing for a shorter welfare waiver but maintaining its annual impact.