‘4th Disaster Subsidy Supplementary Plan’ passed to the National Assembly… The rivalry between the parties

At the plenary session of the National Assembly on the afternoon of the 26th of last month, the'Special Bill for the Construction of Gadukdo New Airport (alternative)' is being passed with 229 re-seats, 181 in favor, 33 opposition, and 15 abstentions. [사진 출처 = 연합뉴스]

picture explanationAt the plenary session of the National Assembly on the afternoon of the 26th of last month, the’Special Bill for the Construction of Gadukdo New Airport (alternative)’ is being passed with 229 re-seats, 181 in favor, 33 opposition, and 15 abstentions. [사진 출처 = 연합뉴스]

An additional budget for remediation of 15 trillion won to pay the 4th disaster support fund is submitted to the National Assembly on the 4th. The government is planning to submit an additional budget for corrections, which was resolved at the State Council on the 2nd, to the National Assembly on the same day. In addition, while the Democratic Party aims to provide subsidies from the end of this month after processing the supplementary bills to be submitted by the government around the 20th, the Democratic Party acknowledged the necessity of the people’s power, but rejected it as populism ahead of the election.

According to the political circles on this day, the government submits an additional bill worth 15 trillion won, which was resolved on the 2nd. This supplementary plan, which far exceeded the first (1.43 trillion won), the second (7.8 trillion won), and the third (9.3 trillion won) disaster support fund, was formulated for’customized damage support measures’. The 15 trillion won was composed of ▲Emergency damage subsidies for small business and the underprivileged class of 8,100 billion won ▲Emergency employment measures 2.8 trillion won ▲Vaccines and other quarantine measures 4.100 billion won.

The Democratic Party has set the deadline for handling this supplementary bill as a resolution in the plenary session of the National Assembly on the 18th.

Democratic Party Representative Lee Nak-yeon said at the party’s Supreme Council on the 3rd, “For the recovery of the public welfare economy, the Party has prepared a fourth disaster subsidy to help 6.9 million people.” “I will do my best to start paying within March while removing more blind spots by proceeding quickly.”

He added, “I hope that the extraordinary National Assembly in March will be established as a foothold for recovery and a leap forward by promptly closing the legislative tasks that have not yet been dealt with, such as the regulatory sandbox law and the K New Deal legislation,” he added.

On the other hand, the people’s power defines this supplementary bill as a’ticketing act’ and strongly opposes it.

Kim Jong-in, chairman of the People’s Power Emergency Response Committee, pointed out at the emergency response committee on the same day that “the 3rd disaster support fund has not been completed, but there is no plan to pay the 4th disaster support fund on a specific basis.”

Lee Jong-bae, Chairman of the People’s Power Policy Committee, said, “The government is planning to issue about 10 trillion won worth of government bonds with this additional budget, but it is difficult to find a bone-sharpening expenditure restructuring.” He announced the auger verification.

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