Democratic Party's Budget Committee: "People Power Party's 'Stubbornness' Caused 4-Month Delay in Subcommittee Formation"

[Image source=Yonhap News]

[Asia Economy Reporter Naju-seok] The members of the Planning and Finance Committee affiliated with the Democratic Party of Korea raised the issue of responsibility of the ruling party, the People Power Party, regarding the failure to form the Tax Subcommittee. Although the Democratic Party and the People Power Party proposed a negotiation plan in which the chairmanship of the Tax Subcommittee would be held alternately for one year, the People Power Party has not accepted it.

On the 9th, the Democratic Party members of the Planning and Finance Committee held a joint press conference, stating, "Since the standing committee was formed last July, the subcommittee has not been formed for four months," and added, "The reason is precisely due to the selfish 'mongni' of the People Power Party, and it is truly lamentable how long the People Power Party will neglect the operation of the standing committee."

They said, "The formation of the subcommittee is absolutely necessary to thoroughly discuss the related tax law amendments, including the supplementary budget bills for next year," and "We strongly condemn the People Power Party's behavior of neglecting the operation of the National Assembly’s Planning and Finance Committee."

The Democratic Party members of the Planning and Finance Committee introduced, "The chairmanship of the Planning and Finance Committee is held by the People Power Party, so for government oversight and balance in the operation of the standing committee, we proposed that the 1st Subcommittee be chaired by the Democratic Party," and "There is precedent in the 17th National Assembly where the chair of the Planning and Finance Committee was from the People Power Party, but the 1st Subcommittee was chaired by the Democratic Party."

They continued, "As a compromise, the Democratic Party proposed that the chairmanship of the 1st Subcommittee be rotated annually, and even suggested that if desired, the People Power Party could take the chairmanship first. The Democratic Party has not hesitated to make a magnanimous concession for the prompt operation of the standing committee and subcommittee," and "However, the People Power Party has stubbornly rejected all of this for four months. Our party proposed to form at least the Budget and Accounts Subcommittee first for the prompt budget review, but the People Power Party has even sent a non-negotiable notice stating that, according to 'precedent,' the chairmanship of the Budget and Accounts Subcommittee must also be held by the People Power Party along with the 1st Subcommittee chairmanship."

They said, "We criticize this behavior of the ruling party, which should assist the smooth operation of government affairs, for obstructing government administration, and it should be remembered that all responsibility for the disruption of the standing committee lies with the People Power Party," and "If the People Power Party is not intentionally causing the disruption of the standing committee, we urge them to put aside their selfish 'mongni' and promptly agree to form the subcommittee for the smooth operation of the standing committee."

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