Disagree with Disagree Supporting Budget Hardship … 與 “Payment before New Year” 野 “Opposing deficit bonds”



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◆ Legal deadline to process the D-2 budget ◆

On the afternoon of the 30th, the subcommittee Lee Dong-min (center) chairs the meeting in the budget subcommittee of the Planning and Finance Committee of the National Assembly and listens to the opinions of opposition lawmakers.  [김호영 기자]

picture explanationOn the afternoon of the 30th, the Lee Dong-min subcommittee (center) chairs the meeting in the budget subcommittee of the National Assembly Planning and Finance Committee and listens to the views of opposition lawmakers. [김호영 기자]

On the 30th, two days before the legal deadline for next year’s budget bill (December 2), the ruling and opposition parties formed a consensus on the payment of the third disaster support fund, but not They were able to narrow the gap in their position on the financing plan. Furthermore, while the Democratic Party has a strong will to meet the legal deadline, the key is whether the force of the people will cooperate in issuing government bonds. Some have even discussed the possibility of the ruling party alone, but in this case, the Democratic Party faces the burden that it is not easy to receive help from the people’s power in the later legislative state.

On this day, as negotiations with the Special Budget and Liquidation Commission of the National Assembly progress, the opposition parties announced their achievements in relation to the third disaster grant and the Corona 19 vaccine, and began to capture a friendly public opinion.

The power of the people emphasized that the ruling party and the government accepted the third subsidy for disasters and the vaccine budget that they requested preventively. Ho-young Joo told the reporter after the Emergency Response Committee: “We constantly insist on the formation of the third disaster support fund, saying that the vaccine budget for next year was not reflected” and “It is fortunate that the Democratic Party has accepted it. ” It seems that Kim Jong-in emphasized the concern of the third disaster subsidy agenda over the government and the ruling party.

The leader of the Democratic Party, Kim Tae-nyeon, said in the Supreme Council that day: “We will reflect on this budget so that personalized public welfare subsidies (known as the third disaster subsidy) can be paid before the Lunar New Year (the next year)”. “Until early September, when the government presented the budget, the development of the vaccine was not clear and the budget was 30 million vaccines, but it is inevitable to increase the budget since there is news of the development of vaccines in the country and in abroad”. “We need to increase our budget as needed to accelerate drug and treatment development.” It is interpreted to emphasize that the government and the ruling party did not make a policy error, but that the situation of domestic and foreign vaccine development has changed.

The Park Hong-geun Democratic Party and Choo Gyeong-ho, secretary of the People’s Power of the Preliminary Committee, continued to negotiate the budget proposals, including the third disaster grant, in private. However, it is known that no consensus has been reached on how to raise funds.

While the government proposed a 5 trillion won reduction plan, the Democratic Party demanded an 8.5 trillion won increase and popular power 11.6 trillion won. Secretary Park said, “The power of the people includes 3.6 trillion won in disaster grants, care of elementary, middle and high school students, 900 billion won in the vaccine budget, a massive increase in veterans allowances and a massive increase in child care fees. ” The third disaster grant from the Democratic Party, the vaccine budget for up to 44 million people, measures to stabilize the housing of common people and carbon neutrality (net zero). For this reason, the gap between the ruling and opposition parties is wide even if they issue government bonds worth 2 trillion won. Secretary Park said, “I think the net increase of 2 trillion won is minimal,” he said. “The reduction is also well below the target I requested, so even if there is opposition from the ministries on how to reduce the reduction, the government needs a decision.”

The power of the people expressed their opposition to the method of issuing deficit government bonds. Won Nae Joo argued: “It is not correct to issue deficit Treasuries by making another debt with the super super budget. A member of the planning and finance committee of the same party explained:” It is irresponsible to issue government bonds in the shipyard where they have to be fastened the belt because it is on display. ”

The power of the people is expected to prepare a third disaster grant if only 1% is cut from this year’s budget, which is 556 trillion won. The strategy is to reach a consensus adjusting budget priorities before the legal deadline to find the order of reduction. If an agreement fails, it appears that the government and the ruling party are responsible. Secretary Chu said that “(the agreement or not) depends entirely on the position of the government and the ruling party,” and if no agreement is reached, “whether the ruling party presses it or not, it is fully responsible for the ruling party “.

There are even claims that the opposition party should cut the budget for the Korean New Deal as much as the budget for the third disaster support. “The government’s Green New Deal is a vague story,” said a committee member. “The total amount of disaster grants should not be reduced from the New Deal budget to increase the additional budget.”

On the other hand, the chief spokesman for the Democratic Party, Choi In-ho, said: “There can be no budget cuts for the New Deal.” “The New Deal is a national economic strategy to respond to the Corona 19 recession and is a key budget for enhancing Korea’s future economic competitiveness.” It’s like giving up. ”

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