Brazil president sees lower house pension reform vote December 18 weekSAO PAULO (Reuters) - Brazilian President Michel Temer said on Friday that the pension reform bill that is  indispensable  to reduce the nation s budget deficit must be voted on this year in the lower house of Congress before the 2018 election year. Speaking at a chemical industry event, Temer appealed to businessmen to lobby Congress for approval of the unpopular  pension overhaul that is seen by investors as crucial to restoring Brazil s fiscal health.     Rodrigo Maia, the speaker of the lower house, said this week he would not put the bill to the vote until the government had secured the 308 votes the measure will need for passage. To allow more time for negotiations with reluctant lawmakers, Temer agreed with congressional leaders on Thursday to delay the lower house vote on the bill until the week of Dec. 18, the last before the Christmas recess. Once it clears the lower chamber, Temer expects the legislation to be voted on in the Senate in February.  Reform of the pension system is indispensable. It will allow Brazil to move forward,  Temer said.  But this must be the work of all of us. We need to show that we support this bill.  Temer acknowledged that lawmakers facing re-election next October had legitimate concerns about supporting the bill. The reform proposal seeks to increase the age at which Brazilians can retire and collect social security. It would also make pension payouts in Brazil, among the most generous in the world, more modest. If a vote is further delayed until next year, its chances of approval will be limited as lawmakers become more sensitive to the demands of voters when the election campaign gets underway. worldnews
brazil president sees lower house pension reform vote december weeks paulo reuters brazilian president michel temper said friday pension reform bill indispensable reduce nation budget deficit must voted year lower house congress election year speaking chemical industry event temper appealed businessmen lobby congress approval unpopular pension overhaul seen investors crucial restoring brazil fiscal health rodrigo main speaker lower house said week would put bill vote government secured votes measure need passage to allow time negotiations reluctant lawmakers temper agreed congressional leaders thursday delay lower house vote bill week last christmas recess once clears lower chamber temper expects legislation voted senate february reform pension system indispensable it allow brazil move forward temper said but must work us we need show support bill temper acknowledged lawmakers facing next october legitimate concerns supporting bill the reform proposal seeks increase age brazilian retire collect social security it would also make pension layouts brazil among generous world modest if vote delayed next year chances approval limited lawmakers become sensitive demands voters election campaign gets underway worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Brazil president sees lower house pension reform vote December 18 weekSAO PAULO (Reuters) - Brazilian President Michel Temer said on Friday that the pension reform bill that is  indispensable  to reduce the nation s budget deficit must be voted on this year in the lower house of Congress before the 2018 election year. Speaking at a chemical industry event, Temer appealed to businessmen to lobby Congress for approval of the unpopular  pension overhaul that is seen by investors as crucial to restoring Brazil s fiscal health.     Rodrigo Maia, the speaker of the lower house, said this week he would not put the bill to the vote until the government had secured the 308 votes the measure will need for passage. To allow more time for negotiations with reluctant lawmakers, Temer agreed with congressional leaders on Thursday to delay the lower house vote on the bill until the week of Dec. 18, the last before the Christmas recess. Once it clears the lower chamber, Temer expects the legislation to be voted on in the Senate in February.  Reform of the pension system is indispensable. It will allow Brazil to move forward,  Temer said.  But this must be the work of all of us. We need to show that we support this bill.  Temer acknowledged that lawmakers facing re-election next October had legitimate concerns about supporting the bill. The reform proposal seeks to increase the age at which Brazilians can retire and collect social security. It would also make pension payouts in Brazil, among the most generous in the world, more modest. If a vote is further delayed until next year, its chances of approval will be limited as lawmakers become more sensitive to the demands of voters when the election campaign gets underway. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: brazil president sees lower house pension reform vote december weeks paulo reuters brazilian president michel temper said friday pension reform bill indispensable reduce nation budget deficit must voted year lower house congress election year speaking chemical industry event temper appealed businessmen lobby congress approval unpopular pension overhaul seen investors crucial restoring brazil fiscal health rodrigo main speaker lower house said week would put bill vote government secured votes measure need passage to allow time negotiations reluctant lawmakers temper agreed congressional leaders thursday delay lower house vote bill week last christmas recess once clears lower chamber temper expects legislation voted senate february reform pension system indispensable it allow brazil move forward temper said but must work us we need show support bill temper acknowledged lawmakers facing next october legitimate concerns supporting bill the reform proposal seeks increase age brazilian retire collect social security it would also make pension layouts brazil among generous world modest if vote delayed next year chances approval limited lawmakers become sensitive demands voters election campaign gets underway worldnews