Kim Ki-hyun "Opposition, Stop Budget Terror... Reckless Increase of 'Lee Jae-myung's Budget'"
[Asia Economy Reporter Lee Ji-eun] Kim Ki-hyun, a lawmaker considered one of the next ruling party leadership candidates, criticized the opposition party's budget cuts for next year as a "budget terror aimed at destroying people's livelihoods."
On the 17th, Kim stated through his social network service (SNS), "The Democratic Party is causing a commotion and blindly cutting the budget just because President Yoon Seok-yeol's 'Yoon (尹)' character is included in the budget proposal."
He pointed out, "The budget of about 5.9 billion won for opening and utilizing the Blue House and about 2.1 billion won for the Ministry of Foreign Affairs' diplomatic network construction have already been cut, and the budgets for the construction of the guesthouse, the management and improvement of the Presidential Office facilities, and the opening of Yongsan Park are all set to be eliminated," adding, "Meanwhile, the so-called 'Lee Jae-myung-style budget' is being increased indiscriminately."
Hot Picks Today
600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division: "Three Paychecks Under One Roof"
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- Samsung Labor-Management Strikes Dramatic Deal, But Issues Remain... 'Division Fairness and Operating Profit Link' Domino Effect
- "Disappointing Results: 80% of Sunscreens Found Lacking in Safety and Effectiveness"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Kim said, "The Constitution grants the National Assembly only the right to review the budget, while the right to draft the budget belongs to the president, declaring the separation of powers. However, the Democratic Party now intends to arbitrarily draft the budget under Representative Lee Jae-myung," and urged, "If you are not determined to ruin people's livelihoods, please immediately stop this 'budget terror' against the Yoon Seok-yeol administration."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.