# Brazilian Senate to Vote on R$ 60 Billion Fiscal Adjustment Package

Government aims to stabilize public debt while preserving social spending through new fiscal measures.

- **Source:** [G1 – Política](https://g1.globo.com/politica)
- **Published:** 2026-11-12
- **Topic:** [Business](https://brifing.si/c/business)
- **Original article:** <https://g1.globo.com/politica/noticia/2026/11/12/senado-deve-votar-pacote-de-medidas-fiscais-nesta-quinta-governo-fala-em-um-impacto-de-ate-r-60-bi.ghtml>
- **On Brifing:** https://brifing.si/s/a11bcb68-71a7-4cd2-bb2c-ac7d23beab01

## Legislative Vote Scheduled

The Brazilian Senate is set to vote this Thursday on a Supplementary Bill aimed at adjusting public accounts. Proposed by President Lula's administration, the package seeks to generate up to R$ 60 billion in savings by 2027. Minister of Planning Bruno Moretti emphasized that the goal is stabilizing debt while maintaining social policies.

## Fiscal Impact Breakdown

The R$ 60 billion package is divided into two primary functions. Approximately R$ 50 billion is allocated to reinforce fiscal targets, while R$ 10 billion provides room for the budget rapporteur to fund specific social rights. This includes initiatives like the university student grant program promised during the recent presidential election campaign period.

## New Spending Constraints

The bill introduces a trigger that limits annual spending growth to 2% above inflation if revenue targets are missed. This reduces the current 2.5% growth limit established by the fiscal framework. For 2027, this mechanism is expected to provide an additional fiscal effort of R$ 12.8 billion to help reach the surplus goal.

## Contingency Expansion

Current laws only allow for the temporary freezing of discretionary spending to meet fiscal targets. The new proposal expands this authority to include non-constitutional mandatory expenses. Economist Felipe Salto noted that these mandatory expenditures reached R$ 388 billion in 2026, making this a significant structural change for long-term federal budget management.

## Tax Benefit Reductions

The government plans to increase revenue by cutting tax benefits by up to 20% in specific sectors. This includes adjustments to exemptions, reduced tax rates, and special taxation regimes. Furthermore, companies will be restricted to using only 80% of their total tax credits, serving as a complement to the new spending growth triggers.

## Health Budget Adjustments

The project modifies the calculation of the constitutional health floor by excluding extraordinary revenues from oil and gas production. This rule applies regardless of whether the government reports a deficit or a surplus. This measure builds upon previous legislation that restricted the use of oil-related windfalls for calculating minimum health spending requirements.

## Public Salary Regulation

The bill mandates that Congress regulate payments exceeding the public service salary ceiling within 120 days. Despite a constitutional amendment passed in December 2024 intended to curb these 'super-salaries,' the issue has remained stagnant. This new deadline aims to force legislative action on reducing high-cost mandatory expenditures within the federal civil service.

## Budgetary Preconditions

Senator Eduardo Braga, the bill's rapporteur, stated that this approval is a prerequisite for advancing the Annual Budget Law. Lawmakers must navigate both this bill and a separate constitutional amendment to align the 2027 budget with campaign promises. These steps are essential for providing the government with necessary tools to manage public finances.

## Sources covering this story

- https://g1.globo.com/politica/noticia/2026/11/12/senado-deve-votar-pacote-de-medidas-fiscais-nesta-quinta-governo-fala-em-um-impacto-de-ate-r-60-bi.ghtml — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
