'KRW 250,000 Payment Method' Passed in National Assembly Plenary Session... Opposition Party Unilaterally Processed

The "25,000 KRW Support Law for All Citizens (Special Measures Act for Livelihood Recovery Support Fund)" passed the National Assembly plenary session on the 2nd.

The opposition parties, including the Democratic Party of Korea, forcibly ended the People Power Party's filibuster (unlimited debate) that afternoon and approved the bill.

The 25,000 KRW Support Law for All Citizens involves the government providing every citizen with 250,000 to 350,000 KRW in "local love gift certificates" valid for four months.

According to the National Assembly Budget Office, the funding is expected to cost approximately 13 to 18 trillion KRW.

The People Power Party launched a filibuster immediately after the bill was introduced in the National Assembly the day before. The party labeled the bill as a "cash handout bill." At the Supreme Council meeting that day, Floor Leader Choo Kyung-ho warned, "Distributing 13 trillion KRW in cash will further destabilize prices and interest rates and worsen the hardships of people's livelihoods."

As soon as the filibuster began, the opposition submitted a consent form to end unlimited debate signed by 170 lawmakers. The debate was forcibly ended around 3:30 p.m. that day, 24 hours later, and the bill was passed.

'Nationwide 250,000 Won Support Bill' Submitted to the National Assembly Plenary Session
(Seoul=Yonhap News) Reporter Kim Juhyung = On the afternoon of the 1st, the 'Nationwide 250,000 Won Support Bill' (Special Measures Act for Livelihood Recovery Support Fund), which was unilaterally passed by the opposition party, was submitted as an agenda item at the National Assembly plenary session. 2024.8.1
kjhpress@yna.co.kr
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