Power

What is at stake in Brazil’s Congress today

What is at stake in Brazil's Congress today

Five hundred billion Brazilian Reais. An amount almost enough to cover Brazil’s primary deficit in the past four years. That’s just a part of the money at stake in a series of provisional decrees that will be debated in Brazil’s lower house today—and which may go down the drain if the federal administration and government do not reach an agreement. As lawmakers and the administration struggle to see eye-to-eye on the pension reform bill, a series of micro-reforms, issued by former President Michel Temer, are being overlooked. They take the shape of provisional decrees, a legal...

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