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Brazil’s 2026 Election Presents Stark Fiscal Choice: Lula’s Revenue Push vs. Bolsonaro’s ‘Scissor Cut’

The 2026 Brazilian election pits incumbent Lula’s plan to fix public finances via new taxes against challenger Flávio Bolsonaro’s proposal for deep spending cuts, but analysts doubt either plan stabilizes the growing public debt.

By Eleanor Shaw

Published Sep 14, 2026, 11:29 PM UTC

Brazil’s 2026 Election Presents Stark Fiscal Choice: Lula’s Revenue Push vs. Bolsonaro’s ‘Scissor Cut’ — Source: Ricardo Stuckert/PR / Wikimedia Commons (CC BY 3.0 br)

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