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Brazil Economy

Only Available in Archive Formats.
Brazil Economy

Brazil Economy

Brazil Economy

Only Available in Archive Formats.

NPR's Mike Shuster reports that a key part of Brazil's effort to reduce its huge budget deficit will be reforming the social security system. The very generous—and popular—pension system is the single biggest drain on government coffers. It allows civil servants to retire with full salary AND future raises. Brazil's congress has been reluctant to take substantive steps to address the problem.

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