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Politics

Brazil's Rousseff impeached for breaking budget laws

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Politics

Brazil's Rousseff impeached for breaking budget laws

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COMING UP:Brazil's Rousseff impeached for breaking budget laws

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00:00:00
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FOREIGN]
> Brazil's senate removing President Dilma Rousseff from office Wednesday, impeached for breaking budgetary laws. Senators voted 61- 20 to convict leftist Rousseff for illegally using money from state banks to boost public spending and help her reelection in 2014. Reuter's correspondent, Alonso Soto, is there in Brasilia.
00:00:26
>> Immediately after the vote you could hear people honking their horns here in Brasilia, in celebration. However, the division was widely known here in Brazil. The markets also reacted positively. You can see the real gained some strength after the vote.>> On Monday, Rousseff delivered a dramatic defense, saying it was not she who was on trial but democracy itself.
00:00:47
The process polarizing a nation going through its worse recession in decades and paralyzing its politics for the past nine months. Her former right-wing vice president, Michel Temer, who has been running the country since her suspension in May, will be sworn in to serve out the remainder of her term through 2018.
00:01:05
>> Her replacement Michel Temer, is not a very well-known politician here in Brazil. He spent years in congress brokering deals and not really in the spotlight. Now he faces the tough challenge of trying to rescue the Brazilian economy. It is not clear yet if this political victory for Temer will translate into support in congress for many of the reforms, tough economic reforms that he's pushing forward.
00:01:27
>> The Senate held a separate vote on whether Rousseff should be banned from public office, but it was short of the two-thirds needed to bar her. As for her impeachment, Rousseff said she will appeal that decision to the Supreme Court.
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