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Government Can Go to STF to Reverse Congress Decision on IOF, Says Haddad

Summary by Globo
Minister of the Fazenda explained that the judiciary would be one of the alternatives to study, and he mentioned that the other two are looking for a new source of revenue or making a new cut in the budget.
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Haddad claims that the act of Congress may have been unconstitutional even in the midst of the threats. Read the People's Journal.

·Curitiba, Brazil
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After a significant defeat at the National Congress, the government of President Luiz Inácio Lula da Silva (PT) assessed to act on the Supreme Federal Court (STF) to try to reverse the decision that violated the presidential decree that increased IOF's alternatives. The analysis within the government is that the decision of Congress is “fly constitutionally inconstitutional”. According to Fazenda's minister, Fernando Haddad, executive lawyers co…

Minister of the Fazenda explained that the judiciary would be one of the alternatives to study, and he mentioned that the other two are looking for a new source of revenue or making a new cut in the budget.

·Brazil
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Lawyers of the Planalto would have indicated to the Minister that the decision of the Congress, which represented defeat for the government, is constitutional; thesis will be taken to Lula.

·São Paulo, Brazil
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Minister says in a new videocast of the Panel that he believed had closed in accordance with the Congress on Decree: 'I don't know what happened'

·Brazil
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The Lula government considers calling on the Supreme Federal Court (STF) to try to reverse the defeat it suffered on Thursday, 25 when Parliament violated the order that increased the IOF. One of the defenders of this strategy is the Minister of Institutional Relations, Gleisisi Hoffmann. Governmentists say there is no legal basis for the act, which would be inconstitutional. Soon, Gleisis arrived to quote possible damage to parliamentary amendm…

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Revista Oeste broke the news in on Thursday, June 26, 2025.
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