"Eat-and-run and advance payment regime claiming to use up to 60% at will"

Joo Ho-young, floor leader of the People Power Party, is attending and speaking at the pre-meeting for the National Assembly audit held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

Joo Ho-young, floor leader of the People Power Party, is attending and speaking at the pre-meeting for the National Assembly audit held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Lim Chun-han] Joo Ho-young, floor leader of the People Power Party, stated on the 6th regarding the letter sent by the son of the Ministry of Oceans and Fisheries official who was shot dead by North Korean soldiers, "President Moon Jae-in must clearly respond to the report of the deceased official's son."


At a pre-meeting for the National Assembly audit held that day, Floor Leader Joo said, "I ask President Moon whether he thinks it makes sense that the official's son claims his father, who had never professionally learned swimming, swam 39 km against the current," adding, "President Moon must clearly disclose to the public when he was informed of this incident, what instructions he gave, and how he is understanding the situation."


Floor Leader Joo said, "This matter concerns that person and his family, not me, so it must not be neglected. What happened to him could happen to me as well," and added, "This is not something to avoid by calling it political strife. When someone points to the moon, you should not argue over a fingertip or speck of dust."


Regarding the 7.62 rifle remark, Floor Leader Joo said, "The Democratic Party and the Ministry of National Defense are outraged, but the Blue House and the Democratic Party know well the source and basis," and added, "Our people need to know how they died at the hands of North Korean soldiers."


Referring to the Cheonan ship sinking incident, Floor Leader Joo emphasized, "The Democratic Party did not believe even the information revealed 10 years ago, and now they are trying to hide and not disclose information. The truth must be revealed as soon as possible through a hearing."


Joo Ho-young, floor leader of the People Power Party, is attending and speaking at the People Power Party's pre-countermeasure meeting for the National Assembly audit held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

Joo Ho-young, floor leader of the People Power Party, is attending and speaking at the People Power Party's pre-countermeasure meeting for the National Assembly audit held at the National Assembly on the 6th. Photo by Yoon Dong-joo doso7@

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Regarding the government's 'Fiscal Rules,' Floor Leader Joo criticized, "It is nothing more than asking for a free pass to spend up to 60% (debt ratio) at will," and said, "President Moon, who criticized the 'fiscal soundness margin line of 40% being broken' when he was an opposition leader, now sets the debt ratio at 60%, which is even higher than 50%."


Floor Leader Joo said, "What needs to be done now is not to raise the national debt ratio limit to 60%, but to submit a debt repayment plan," and pointed out, "Moreover, this rule will only be implemented in 2025 after the current term ends, truly a run-away government, a prepayment government." He added, "Fiscal rules are meant to prevent the government from reckless spending to manage fiscal soundness, not rules to open a negative bank account."



Regarding Democratic Party members Lee Gae-ho, chairman of the Agriculture, Food, Rural Affairs, Oceans and Fisheries Committee, and Do Jong-hwan, chairman of the Culture, Sports and Tourism Committee, Floor Leader Joo claimed, "They are former ministers of supervised agencies," and "There is a clear conflict of interest." He continued, "Either they should resign themselves or the Democratic Party leadership should replace the chairmen to prevent the absurd situation of auditing their own actions."


This content was produced with the assistance of AI translation services.

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