The Brazilian Senate on Tuesday gave its second-round, and thus final, approval to a constitutional amendment setting a limit on increases in government spending. The Senate voted 53-16 to approve the amendment. The Senate must still vote on two minor amendments to the proposal. Those votes are expected later Tuesday. The constitutional amendment limits increases in government spending to no more than previous-year inflation. The ceiling on spending takes effect in 2017. The Chamber of Deputies has already given its approval to the amendment via the required two rounds of voting. Tuesday’s Senate vote represented a major victory for Brazilian President Michel Temer, who has made budget austerity and the battle to pull down inflation into major goals of his administration.
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