São Paulo Leads Brazil’s Fiscal Reset: R$10.3B Tax Cut Amid National Overspending

While Brazil’s federal government struggles with mounting deficits and expanding public spending, São Paulo charts a different course. Governor Tarcísio de Freitas launches a groundbreaking fiscal reset, targeting R$10.3 billion ($1.66 billion) in annual savings through systematic benefit cuts. This bold initiative stands in stark contrast to Brasília’s resistance to meaningful spending reforms. São Paulo’s […]