Lula and Flávio Bolsonaro propose rival debt-relief plans for Brazilians

President Lula and Senator Flávio Bolsonaro have unveiled competing proposals to address Brazilian household debt ahead of elections. Lula's plan includes a new Desenrola round and debt forgiveness for MEIs, while Flávio proposes buying bank debt, reducing installments, and suspending payments for up to a year. The proposals signal a political contest over economic relief, with potential fiscal implications if enacted.