Brazilian Lower House votes amendment to cap spending for twenty years

Wednesday, October 26th 2016 - 05:48 UTC

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Brazilian President Michel Temer won another victory on Tuesday in his efforts to restore fiscal discipline when the lower house of Congress approved a constitutional amendment to cap spending for 20 years. Heavy public spending, a recession and a massive corruption scandal rocking Brazil's political establishment undermined confidence in Latin America's largest economy. Read full article

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:o))
They should also cap the stealing; since totally eliminating the corruption, bribes, money laundering, etc, etc, can NEVER be stopped.
Nov 03rd, 2016 - 02:40 pm - Link - Report abuse 0
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