Today: December 20, 2024
December 20, 2024
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Senate approves new public spending limits in case of deficit

Senate approves new public spending limits in case of deficit

The Senate approved this Thursday (19) the bill that establishes new limits for public spending in the event of a primary deficit (PLP 210/2024). According to the project, in the event of a primary deficit, the granting, expansion or extension of tax incentives or benefits will be prohibited. Senate approves new public spending limits in case of deficit

The proposal also imposes restrictions on the growth of personnel expenses. The government may block or contingency part of the parliamentary amendments to the Budget when there is a negative result in the economy.

The project, which is part of the federal government’s package of measures to cut expenses and reach the fiscal target from 2025, received 72 votes in favor, one vote against and no abstentions. The project goes to presidential sanction.

The text approved by the Senate was the same that came from the Chamber of Deputies on Wednesday (18). The rapporteur was the government leader in the Senate, Jaques Wagner (PT-BA). He rejected all suggestions for changes presented by senators, to avoid returning the project to the Chamber.

*With information from Agência Senado

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