“The rings go and the fingers remain”: government is considering backing down from vetoing amendments to avoid payment schedule

“The rings go and the fingers remain”: government is considering backing down from vetoing amendments to avoid payment schedule
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The assessment is that the eventual resumption of the payment schedule for tax amendments could result in difficulties in closing public accounts

April 25, 2024, 08:33 am

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247 – After managing to postpone this Wednesday’s Congress session (25), the Palácio do Planalto is evaluating which veto overturn could bring more damage to President Lula’s (PT) government. According to the Estadão column, from the newspaper O Estado de S. Paulo, the assessment is that the biggest problem will be the eventual resumption of the payment schedule for tax amendments – individual and state bench – which could result in difficulties in closing the public accounts and strengthening parliamentarians in relation to the Budget.

“There are already those in the government who argue that it is better, then, to adopt the philosophy of ‘go with the rings and stay with the fingers’. In other words, give in to negotiations on the R$5.6 billion in commission amendments, but avoid being tied up in the payment deadline”, highlights the report. Regardless of the strategy adopted, the Executive is increasingly dependent on the approval of the advance of R$ 15 billion with the “jabuti” in the DPVAT project.

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The government leader in the Senate, Jaques Wagner (PT-BA), highlighted that, although not mandatory, it is desirable to vote on the DPVAT bill before considering Lula’s vetoes of R$5.6 billion in committee amendments. . This change in the fiscal framework aims to make room in the budget and unlock blocked resources.

In discussions with ministers Alexandre Padilha (PT), of Institutional Relations, and Rui Costa (PT), of the Civil House, the Minister of Finance, Fernando Haddad (PT), argued that the R$ 15 billion should be directed to the cash flow government and not for the payment of amendments. According to him, the measure can help avoid contingencies throughout this year.

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Also according to the report, “in another quick calculation, the government notes that if it approves the DPVAT, even if the R$5.6 billion veto falls, it will still have R$9.4 billion in cash, and turns its attention once again to the question of the calendar”.

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The article is in Portuguese

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Tags: rings fingers remain government backing vetoing amendments avoid payment schedule

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