Congress approves $ 62 bn credit for government to pay expenses

Congress approved the supplementary credit of R$ 343.6 billion ($ 62 billion) that would allow the federal government to circumvent the so-called golden rule and issue debt to pay expenses with pensions, salaries and social benefits. Most of the R$ 213.7 billion ($ 38 billion) credit is used to pay Social Security benefits, such as retirement and pensions.

Source: Folha