'Yoo Im' Jin Sung-jun Emphasizes 'Nationwide 250,000 Won Support Act' in Step with Lee Jae-myung
"New Leadership, Grateful for Acknowledging Our Convictions"
"Yoon, Rejects Livelihood Support Fund Law... Abuse of Veto Power"
The Democratic Party of Korea held its first floor strategy meeting since the launch of the 'Lee Jae-myung 2nd term.' Jin Seong-jun, who was reappointed as the chairman of the Policy Committee following the 'Lee Jae-myung 1st term,' hinted at the re-promotion of the 'Universal 250,000 Won Support Act (Special Measures for Livelihood Recovery Fund Payment),' which had been vetoed by the president.
At the floor strategy meeting held at the National Assembly on the morning of the 20th, the Democratic Party's floor leadership urged the Yoon Seok-yeol administration to prepare 'youth employment policies' and 'measures to restore livelihoods.' As the newly re-elected leader Lee Jae-myung's trusted leadership team was launched the day before, the floor leadership also regrouped and began preparing livelihood-related bills.
Park Chan-dae, floor leader of the Democratic Party of Korea, is speaking at the floor strategy meeting held at the National Assembly on the 20th. From the right, Jin Seong-jun, chairman of the Policy Committee, Floor Leader Park, Park Seong-jun, chief deputy floor leader for floor operations, and Kim Yong-min, chief deputy floor leader for policy. / Photo by Hyunmin Kim kimhyun81@
View original imageIn particular, Leader Lee retained Jin Seong-jun, who had worked with him during the final phase of the 'Lee Jae-myung 1st term,' as the chairman of the Policy Committee. Jin said on the day, "I am grateful that the new leadership and party members have recognized and respected my conviction as the person responsible for the Democratic Party's policies," adding, "I will continue to uphold policy principles based on the party platform while promptly responding to the demands of the people, striving to be a competent ruling party." Since Leader Lee personally requested him to play the roles of 'balancer' and 'check,' Jin is expected to promote internal party discussions within the 'Lee Jae-myung 2nd term.'
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- 'Bond King' Gundlach: "Rate Cuts Impossible... CPI Could Rise to 4%"
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Although Jin had expressed differing opinions from Leader Lee regarding taxes, he shared the same view on the 250,000 Won Support Act. He stated, "The situation is difficult, with the retail sales index showing a significant decline, yet President Yoon vetoed the 250,000 Won Support Act passed by the National Assembly on the 16th," and added, "The Democratic Party will spare no time in the August extraordinary session to ensure that as many livelihood bills as possible are passed." The Democratic Party aims to re-promote the 250,000 Won Support Act and bring it to the negotiation table between the ruling and opposition parties. However, the exact timing during the August extraordinary session has not yet been decided.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.