After the president decided to not appear before the legislature to deliver a speech asking for the opposition's help in approving next year’s budget plan, the party has prepared stronger attacks just in case he changes his mind at the last minute.
The Yoon administration must embark on a strong battle against stifling regulations.
The conservative Yoon administration also can fail if it sticks with hard-line policy.
If the money came from their own pockets, they wouldn’t spend it like this.
President Yoon Suk Yeol is embarrassed that the majority Democratic Party has threatened to boycott the government-proposed budget bill for next year.
The effect of next year’s budget can be maximized when it is spent as early as possible.
President Yoon Suk Yeol is embarrassed after the majority Democratic Party has threatened to push its own budget bill for next year if the governing People Power Party refuses to accept its demands.
In an alarming development, consumer prices rose 3.8 percent on year in October.
The budget squeeze for next year will take a heavy toll on new growth engines, including research and development (R&D), while the spending on infrastructure remains relatively intact.
No matter how hard the government tries to cut unnecessary spending, it cannot uphold fiscal integrity if tax is not collected.
Korea JoongAng Daily Sitemap
