Brazil lower house of congress voted to fast-track the government’s new fiscal framework proposal, expediting the main legislative priority of president Lula da Silva. The proposal, set to replace Brazil’s current spending cap rule while bolstering public finances, is slated for a full vote in the lower house next Wednesday before heading to the Senate. The new framework, aimed at calming market worries and convincing Brazil’s central bank to reduce interest rates, includes gradually increasing primary budget surpluses to stabilize public debt.