IBOV 172,457.76 ▲ 0.66% IPC MEX 71,610.23 ▼ 0.28% MERVAL 2,848,945 — — USD/BRL5.67▲ 0.45% USD/MXN18.52▼ 0.42% USD/CLP994.16▼ 0.13% USD/COP3,302▲ 0.70% USD/PEN3.40▼ 0.16% USD/ARS1,544▼ 0.11% USD/UYU40.59▲ 2.33% USD/PYG6,196▲ 2.33% USD/BOB11.59▼ 0.37% USD/DOP60.59▲ 1.85% USD/CRC442.74▼ 0.10% USD/GTQ7.64▲ 2.06% USD/HNL26.91▲ 2.15% USD/NIO36.62▲ 2.73% USD/VES909.35▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 1.39% USD/TTD6.75▲ 1.58% EUR/BRL6.25▲ 0.93% BRENT 95.84 ▲ 0.02% WTI 88.56 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.09 ▼ 1.50% GOLD 3,886 ▲ 0.03% SILVER 49.12 ▼ 1.70% SOY 1,232 ▲ 0.37% CORN 445.50 ▲ 0.68% WHEAT 593.25 ▲ 1.54% COFFEE 273.50 ▼ 2.39% SUGAR 18.41 ▲ 1.04% ORANGE JUICE 136.30 ▼ 3.30% COTTON 79.02 ▲ 0.44% COCOA 5,260 ▲ 3.83% BEEF 224.80 ▲ 2.70% CATTLE 335.35 ▼ 0.10% LITHIUM 58.76 ▼ 1.13% PETR4 45.30 ▲ 1.34% VALE3 63.50 ▼ 0.70% ITUB4 42.27 ▲ 1.42% BBDC4 14.52 ▲ 1.40% ABEV3 15.79 ▲ 0.25% BBAS3 15.10 ▼ 2.45% B3SA3 14.89 ▲ 0.88% WEGE3 51.31 ▼ 0.66% PRIO3 63.30 — 0.00% SUZB3 54.77 ▼ 2.27% RENT3 30.07 ▲ 1.66% AZZA3 15.91 ▼ 5.86% CSAN3 3.10 ▲ 8.77% RAIZ4 20.00 ▼ 6.67% PCAR3 2.56 ▲ 7.11% GMAT3 4.25 ▲ 10.68% PSSA3 46.41 ▲ 1.02% CVCB3 0.83 ▼ 1.19% POSI3 3.15 ▼ 6.53% SLCE3 18.28 ▼ 0.44% NATU3 5.13 ▼ 3.75% BRKM5 3.02 ▼ 1.63% RANI3 8.18 — 0.00% CSNA3 3.72 ▼ 12.06% IBOV 172,457.76 ▲ 0.66% IPC MEX 71,610.23 ▼ 0.28% MERVAL 2,848,945 — — USD/BRL 5.67 ▲ 0.45% USD/MXN 18.52 ▼ 0.42% USD/CLP 994.16 ▼ 0.13% USD/COP 3,302 ▲ 0.70% USD/PEN 3.40 ▼ 0.16% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.59 ▲ 2.33% USD/PYG 6,196 ▲ 2.33% USD/BOB 11.59 ▼ 0.37% USD/DOP 60.59 ▲ 1.85% USD/CRC 442.74 ▼ 0.10% USD/GTQ 7.64 ▲ 2.06% USD/HNL 26.91 ▲ 2.15% USD/NIO 36.62 ▲ 1.57% USD/VES 909.35 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 1.39% USD/TTD 6.75 ▲ 1.58% EUR/BRL 6.25 ▲ 0.93% BRENT 95.84 ▲ 0.02% WTI 88.56 ▼ 0.20% IRON ORE 161.91 — — COPPER 6.09 ▼ 1.50% GOLD 3,886 ▲ 0.03% SILVER 49.12 ▼ 1.70% SOY 1,232 ▲ 0.37% CORN 445.50 ▲ 0.68% WHEAT 593.25 ▲ 1.54% COFFEE 273.50 ▼ 2.39% SUGAR 18.41 ▲ 1.04% ORANGE JUICE 136.30 ▼ 3.30% COTTON 79.02 ▲ 0.44% COCOA 5,260 ▲ 3.83% BEEF 224.80 ▲ 2.70% CATTLE 335.35 ▼ 0.10% LITHIUM 58.76 ▼ 1.13% PETR4 45.30 ▲ 1.34% VALE3 63.50 ▼ 0.70% ITUB4 42.27 ▲ 1.42% BBDC4 14.52 ▲ 1.40% ABEV3 15.79 ▲ 0.25% BBAS3 15.10 ▼ 2.45% B3SA3 14.89 ▲ 0.88% WEGE3 51.31 ▼ 0.66% PRIO3 63.30 — 0.00% SUZB3 54.77 ▼ 2.27% RENT3 30.07 ▲ 1.66% AZZA3 15.91 ▼ 5.86% CSAN3 3.10 ▲ 8.77% RAIZ4 20.00 ▼ 6.67% PCAR3 2.56 ▲ 7.11% GMAT3 4.25 ▲ 10.68% PSSA3 46.41 ▲ 1.02% CVCB3 0.83 ▼ 1.19% POSI3 3.15 ▼ 6.53% SLCE3 18.28 ▼ 0.44% NATU3 5.13 ▼ 3.75% BRKM5 3.02 ▼ 1.63% RANI3 8.18 — 0.00% CSNA3 3.72 ▼ 12.06%
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Saturday, November 14, 2026

Brazil Politics - Brazil

Brazil’s Budget Battle: Power Struggle Derails Zero-Deficit Dreams

By · · 2 min read

In the halls of Brazil’s Congress, a tense drama is unfolding. Lawmakers are considering an unprecedented move that could bring the government to a standstill. The issue at hand? Control over billions in public funds.

Brazilian deputies are threatening to block approval of next year’s government spending bill. This isn’t just another political squabble. It’s a power struggle that could affect every Brazilian citizen.

The conflict centers on “parliamentary amendments.” These are funds that lawmakers direct to their home districts for local projects. It’s a system that gives politicians a way to deliver tangible benefits to voters.

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But there’s a catch. Since August, these funds have been frozen. Supreme Court Justice Flávio Dino ordered a halt, demanding more transparency in how the money is spent.

This has left many local projects in limbo. Lawmakers are furious. They see this as an attack on their power and a threat to their political futures.

Brazilian Congress Wields Unprecedented Budgetary Power, Surpassing OECD Nations
Brazilian Congress Wields Unprecedented Budgetary Power, Surpassing OECD Nations.
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Some members of the Joint Budget Committee are ready to fight back. Their weapon of choice? Refusing to approve the government’s budget for the coming year.

This is no small threat. Without an approved budget, the government can’t spend money. No salaries, no services, no nothing. It would be like turning off the power to the entire country.

The Battle Over Brazil’s Budget and Political Power

Deputy Cláudio Cajado puts it bluntly: “There’s great dissatisfaction among lawmakers.” The mood in Brasília is tense. Mayors from across Brazil are pressuring their representatives, demanding the funds they were promised.

Time is running short. There are only six weeks left in the legislative year. The government needs its budget approved, but lawmakers want their amendment money unfrozen. It’s a high-stakes game of chicken.

Randolfe Rodrigues, the government’s point man in Congress, is trying to sound optimistic. He believes a deal can be reached in time. However many lawmakers criticize him for not being more involved in negotiations.

The consequences of failure would be severe. Élida Graziane, a public accounts expert, calls the lawmakers’ strategy “suicidal.” If the budget isn’t approved, the entire government could grind to a halt on January 1st.

This isn’t just about politics. It’s about how Brazil functions as a country. The outcome will affect everything from local infrastructure projects to national economic policy.

As the clock ticks down, the pressure is mounting on both sides. The government needs to keep the country running. Lawmakers want to maintain their influence.

And caught in the middle are millions of Brazilians, waiting to see how this high-stakes political poker game will play out.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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