"Democrats vow 'no impeachment, no budget deal'...cuts to be dealt with in 10 days" / December 8, 2024
Source: NAVER Search API /May be irrelevant to content / Search Keywords: parliament, presidential election, democratic party, budget, yoon seok-yeol, political news, political news
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Democrats vow 'no impeachment, no budget deal'...cuts to be dealt with on Tuesday
The Democratic Party of Korea has declared that there will be no budget discussions without the impeachment of President Yoon Seok-yul, solidifying its intention to pass the budget cuts on the 10th. This reflects the recent intensification of confrontation in the political arena, and the impact on the budget is also a concern.
On the 8th, Park Chung, chairman of the Special Committee on Budget and Appropriations, and members of the Democratic Party of Korea held a press conference at the National Assembly, declaring that "no budget discussions can take place unless the president is impeached." They sent a strong message that they had no intention of discussing the budget with a government that was "complicit in the rebellion" in the modern Korean political situation.
10-day abatement proposal preview
The Democratic Party has stated that if a deal is not reached by the 10th, the last day of the regular session, they will pass a budget with cuts that have already been set. The cuts start at 4.1 trillion won by default, with the possibility of an additional 700 billion won in cuts being mentioned. This has led to speculation that it will be difficult for the budget to actually pass.
People Power Backlash
In this regard, Han Dong-hoon of the National People's Power criticized the Democratic Party's actions as "blackmail against the people" and argued that more constructive consultations are needed to ensure the normal passage of the budget bill. He was critical of the Democratic Party's linking of impeachment to the budget bill.
Source: NAVER Search API /May be irrelevant to content / Search Keywords: parliament, presidential election, democratic party, budget, yoon seok-yeol, political news, political news
Political fallout
This situation is increasing political tensions going forward. With the ruling and opposition parties currently at loggerheads, the political arena remains somewhat paralyzed, with discussions on the budget stalled. This is raising concerns about the psychological and practical damage that will be done to the people depending on the positions of each party.
Looking ahead to future discussions
Discussions about the upcoming budget and dealing with the cuts are likely to center on the 10th. However, the conflict is unsettling for the public, and the outcome will depend on the ability of the political leadership to resolve it.
Three-line summary
- The Democratic Party emphasized that “there will be no budget talks without impeachment” and signaled its willingness to deal with the cuts on Tuesday.
- The People's Power has reacted strongly to the Democratic Party's announcement, emphasizing the importance of negotiations.
- Due to the political standoff, the final passage of the People's Budget is uncertain.
Image Prompt:
A tense political meeting in a legislative assembly with members debating fiercely.
With the assistance of OpenAI Chat GPT
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