1 Min Read
BRASILIA, Oct 6 (Reuters) - A Congressional committee in Brazil approved on Thursday a constitutional amendment that would limit public spending to the rate of inflation for 20 years, handing President Michel Temer an initial victory in his plan to plug a widening deficit.
The lower house committee voted 23-7 to pass the proposal, which will be put to a vote in the full chamber early next week. Its approval requires two votes in the plenary of the lower house and two more in the Senate, needing a three-fifths majority in each chamber. (Reporting by Maria Carolina Marcelino and Anthony Boadle; Editing by Daniel Flynn)