A key congressional committee on Tuesday night passed a sweeping government-sponsored pension reform bill by an overwhelming margin. The Chamber of Deputies Committee on Constitution, Justice and Citizenship passed the proposal by a vote of 48-18. The bill will now be examined by a separate Select Committee before debate by the full Chamber of Deputies. Government sponsors allowed adoption of four minor amendments to the bill. The main lines of the proposal were preserved, including a goal of reducing pension spending by R$1.1 trillion over ten years. The bill is seen as necessary to curb long-term government deficits. The lopsided committee vote was hailed by government sponsors as evidence of wide support for the measure in Congress.
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