Brazil pension overhaul bill wins by resounding margin in lower house

Brazil’s lower house of Congress approved a landmark overhaul of the country’s pension system on Wednesday by a far wider margin than predicted, delivering a resounding victory to the government in its quest to revive public finances.

The lower house passed the main text of the bill by a vote of 379 in favor and 131 opposed, well beyond the 308 votes required. The chamber is expected to vote on any amendments to the bill on Thursday.

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