Brazil announces budget spending cuts to meet primary budget surplus

Friday, February 21st 2014 - 07:12 UTC

Full article 7 comments

Brazil's government on Thursday announced 44 billion Reais (18.41 billion dollars) in spending cuts as it seeks to meet its primary budget surplus target for 2014. This year's cuts exceed the 38 billion Reais (some 15.9 billion) in budget reductions announced in 2013 and extend to all government departments except education, health, social development, and science and technology. Read full article

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Jack Bauer
For starters, it would a positive gesture if Congress were to cut their own salaries by, at least 50%, and eliminated ALL their numerous benefits. They cost the taxpayer billions per year and do damn all to justify it. Their “spending cuts” are no more than a few accounting tricks, that in reality reduce investments, not expenses...they'll never take a decision that's gonna hurt their own pockets.
Feb 21st, 2014 - 04:54 pm - Link - Report abuse 0
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Briton
apparently they have cut their defence spending by 25%,..
Feb 21st, 2014 - 07:03 pm - Link - Report abuse 0
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ChrisR
@ 2 Briton

If The Liar Matega has anything to do with it I would not be surprised if it has actually GONE UP 25%.
Feb 21st, 2014 - 08:58 pm - Link - Report abuse 0
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ilsen
http://www.youtube.com/watch?v=EFS6cP9auDc
Feb 22nd, 2014 - 03:48 am - Link - Report abuse 0
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Briton
@3
that's what I heard,
but you never know with these people.
Feb 22nd, 2014 - 08:27 pm - Link - Report abuse 0
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Devonian5
According to Janes it is about a 25% cut:

http://www.janes.com/article/34433/brazil-cuts-defence-budget.
Feb 23rd, 2014 - 08:20 pm - Link - Report abuse 0
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Jack Bauer
Ok, so they've cut the Defence budget by 24%...which represents US$ 1,5 billion ....peanuts. Specially when you consider they will have spent approximately US$ 30 billion (20 times more) , on soccer stadiums for the World Cup (don't forget the stealing...at least 20%)....the Federal government will cut anything that will not affect their image....Defence is not REALLY that important...after all who is Brazil going to attack, or try to defend herself from ?? Education ?? definitely LAST priority, 'cause you don't want the people becoming less stupid and seeing through the Governments lies. Public Health ? a real disaster, but which the Government tries to convince us they have solved by 'importing' 7000 doctors (DOCTORS ???) from Cuba, to work in places that no decent doctor wants to go...but it isn't going to work, because what good is a doctor (presuming he's competent) if the medical infrastructure is non-existent ?? All of this is just to pull the wool over eyes of the ignorant masses who lap up all the government propaganda - with a budget higher than the cut in the Defence budget . Who are they kidding ? only the morons, who unfortunately are the ones who vote for the PT.
Feb 24th, 2014 - 04:50 pm - Link - Report abuse 0
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