Brazil Just Approved 20-Year Spending Freeze to Punish the Poor*
Protesters in Rio de Janeiro hold placards against Brazil’s President Michel Temer, which read “Out Temer.” | Photo: Reuters
The controversial constitutional amendment institutionalizes neoliberal austerity and will poor and marginalized Brazilians hardest.
Amid massive protests, Brazil’s Senate approved Tuesday a controversial constitutional amendment that will freeze public spending for 20 years with major impacts on basic services including education, healthcare and housing.
Promoted by unelected President Michel Temer, the constitutional amendment known as PEC 55 passed by a margin of 53 to 16. The amendment will cap federal spending in line with inflation for the next two decades. While it has been touted as helping the South American country tackle its budget deficit, critics argue it marks one of the greatest attacks on constitutional rights in decades.
The vote Tuesday was widely expected to pass with ease after Senate head Renan…
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