Economics ❯ Economic Policy ❯ Government Spending

Fiscal Responsibility

Public Debt Debt Management Political Criticism Public Finance Budget Management Public Services Public Opinion Economic Growth Public Sector Challenges Taxation Public Accountability Brazilian Economy Economic Challenges Budget Deficits Political Impact Economic Forecasts Market Reactions Social Welfare Public Sentiment Unfunded Commitments Political Implications Wealth Tax

Social Security Trust Fund Projected to Run Out in Fourth Quarter of 2032

If lawmakers do not act, payroll-tax receipts would cover about 78% of scheduled retirement benefits, forcing roughly a 22% automatic cut.