Meeting is held at the official residence of the mayor; Economic team faces resistance in the discharge of the rate
The Minister of Finance, (PT), participates this Sunday (8.Jun.2025) in a meeting with the President of the Chamber of Deputies (Republicans-PB), and party leaders to discuss an alternative to the increase in IOF (Tax on Financial Operations). The meeting began around 6 pm at the official residence of the Chamber of the Chamber, in Lake Sul, in Brasilia.
The meeting was scheduled after Congress’s strong reaction to what Iof’s rates raised, with the objective of compensating part of the $ 52 billion fiscal break estimated to 2025. The increase in the tax was announced on May 22. The day after the announcement, the government, but still without a compensation solution. The estimated collection estimated fell from R $ 19.1 billion.
In addition to Haddad and Motta, the minister responsible for the articulation of the government, (PT), also participates in the conversation.
Here is the list of those present at the meeting until the publication of this report:
- Fernando Haddad, Minister of Finance;
- Gleisi Hoffmann, Minister of the Secretariat of Institutional Relations;
- David Alcolumbre (Brazil-AP Union), President of the Senate;
- Jaques Wagner (PT-BA), Senate government leader;
- Isnaldo Bulhões (AL), leader of the MDB in the House;
- Efraim Filho (Brazil-AP Union), leader of União Brasil in the Senate;
- Cid Gomes (PSB-CE), Senator;
- Elmar Nascimento (União Brasil-BA), 2nd Deputy Mayor;
- Mario Heringer (MG), leader of the PDT in the House.
The government must present a PEC (proposal for amendment to the Constitution) and a bill. The economic team also studies the possibility of an MP (provisional measure).
O Poder360 It has found that the increase in international credit card tax should be maintained, at least for 2025. Haddad should follow the path indicated by Motta and compensate for the tax waiver with structural measures, effect at 2026, especially with the review and end of some tax subsidies.
On the other hand, another cut studied and with immediate effect on government accounts is to reduce the Fund for the Maintenance and Development of Basic Education and the Valorization of Education Professionals. The union expense with Fundeb will be R $ 58.8 billion by 2025 – 18.3% of 20.3% compared to 2024. The idea is to reduce the pace of this growth.
A more incisive containment was also discussed by alcohubre, which conditioned the revision of the IOF to structural reforms and which, according to him, “You can’t treat the country’s public accounts in isolation. These are sensitive agendas, but they need to be debated”.
This agenda should face resistance, even within the wing closest to the government. Deputies heard by Poder360 They evaluate that the themes are very expensive on the left and there is difficulty to advance these issues in a pre-election year. They question Lula’s speech in his reelection campaign if the government supports measures that can reduce resources for health and education.
Discontent with Haddad
O, was announced to allow the government to meet the fiscal target, which is zero deficit in 2025. As the economic team estimated a break of $ 52 billion in this year’s budget, adopted two measures: freezing of $ 31 billion on budget and high tax, with impact.
The announcement was rejected by Congress and the market to revoke Haddad’s decree. The day after the announcement, the government, but still without a compensation solution. The estimated collection estimated fell to R $ 19.1 billion.
On May 28, the heads of the legislative houses for Haddad present an alternative to the increase in IOF. Otherwise, Motta must guide in plenary one of the PDLs to revoke the decree that raised the tax rates.
Last week, the president (PT) summoned a lunch with Haddad, Motta and Alcolumbre. The Government and the summit of Congress have filed a deal on the measures, but pledged not to detail the package until the leaders communicate.
Haddad said the economic team will “measure” The viability and relevance of the measures – and that the IOF at the level of 3.5% until approval. “We are quite safe that they are fair and that they are sustainable, both socially and economicly.”these.
Haddad is worn out and out of government. On the last 3rd (3.Jun), Lula said the announcement about the IOF was not a mistake ,.
Haddad. It will be out of Brasilia in the week from June 16-22. In practice, it will turn Corpus Christi into a 9 -day holiday.
Opposition leaders outside
The meeting does not have the representatives of opposition to the Lula administration. Deputies Sostenes Cavalcante (PL-RJ), leader of the party’s party of former President Jair Bolsonaro, Zucco (PL-RS), opposition leader and minority leader Carol Detoni (PL-SC), were not invited to the meeting with the economic team.
To the Poder360Sostenes Cavalcante said the group of deputies remains in accordance with the revocation of the decree regarding the IOF.
