Brazilian lawmakers reached an agreement on Tuesday to cut the length of a proposal to expand the country's spending cap to fund social welfare payments, said congressman Claudio Cajado.
The constitutional amendment, if approved by the lower house, would raise the spending cap by some 145 billion reais ($27.84 billion) for only one year, instead of the previously planned two-year period, Cajado told journalists after a meeting wuseith Congress leaders.
