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2026 Brazil presidential election campaign

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FIRST ENTRY AUG 26
AUG 26 · Day 1

Brazil's Flavio Bolsonaro pledges debt ceiling if elected president

In December, Jair Bolsonaro endorsed his son Flavio Bolsonaro to represent the right-wing Liberal Party in the presidential race.

In 2016, under President Michel Temer, Brazil's legislature passed a constitutional amendment to allow for a spending cap.

Trump imposed heavy tariffs on certain Brazilian exports to pressure Brazil to end its prosecution of Jair Bolsonaro.

“We will approve a ceiling for public debt. If debt is too high, a spending cap is triggered, putting the fiscal trajectory on a sustainable path,”
ADOLFO SACHSIDA verbatim
Quote copied with attribution