Today, June 29, 2025, brings a wave of intriguing news from Brazil. Starting with the salaries of public authorities, it's noted that the President of Brazil earns the same as the 513 federal deputies, a sum of R$ 46,366, which is the ceiling for public service salaries as determined by law. This salary cap also applies to senators, ministers of the Supreme Federal Court (STF), and state ministers. However, governors' and mayors' salaries vary according to state and municipal laws, respectively. Interestingly, there are exceptions where some officials exceed this cap by combining pensions with their current roles. In political developments, the government has already committed R$ 2.3 billion in parliamentary amendments, mostly individual, with R$ 465 million already paid. This comes during a politically challenging week for President Luiz Inácio Lula da Silva, marked by significant defeats in Congress. Notably, the Congress approved R$ 1.5 billion in parliamentary amendments, with a major allocation of over R$ 831 million reserved on June 24 alone. However, the government faced a historic defeat when both the House and Senate voted to overturn decrees that raised the Financial Operations Tax (IOF), a move reflecting growing dissatisfaction among lawmakers due to delays in the release of funds for amendments.

The political climate is further stirred by public discontent with President Lula, particularly over inflation and tax hikes amidst a scenario of full employme...

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