No countersign +1? Executive Yuan: Received the third reading of the bill on the Interim Regulation on Subsidy for Old Farmers
The Legislative Yuan passed the third reading to increase the monthly allowance for veteran farmers to 15,000 yuan, and the Executive Yuan is considering subsequent actions.
Quick Look
- The Legislative Yuan passed the third reading on the 6th to amend the "Interim Regulations on Welfare Subsidies for Elderly Farmers" to increase the monthly subsidy to 15,000 yuan.
- Executive Yuan spokesperson Lee Huizhi said on the 12th that the Executive Yuan had received the bill on the 10th and would take legal and constitutional responses within the scope of its powers granted by the Constitution.
- She also emphasized that welfare policies must comply with the three principles of not increasing substantial debt and not crowding out other policies and procedures that are legal and constitutional.
AI-generated summary
Why It Matters
The Legislative Yuan passed the third reading on the 6th to amend the "Interim Regulations on Welfare Subsidies for Elderly Farmers" to increase the monthly subsidy to 15,000 yuan. Executive Yuan spokesperson Li Huizhi pointed out that the Executive Yuan originally proposed a plan to increase the monthly subsidy for elderly farmers to 10,000 yuan, but the version passed by the Legislative Yuan on the third reading was not communicated with the Executive Yuan, which will increase annual expenditures by about 32 billion yuan.
Executive Yuan spokesperson Li Huizhi pointed out that the "Interim Regulation on Subsidy for Old Farmers" passed by the Legislative Yuan on the third reading on the 10th, and will take legal and constitutional response actions within the scope of its powers granted by the Constitution. (Provided by the Executive Yuan)
The Legislative Yuan passed the third reading on the 6th to amend the "Interim Regulations on Welfare Subsidies for Elderly Farmers" to increase the monthly subsidy to 15,000 yuan. The Executive Yuan stated that it had received the third reading of the bill on the 10th and was studying the content of the bill and would take legal and constitutional responses within the scope of its powers granted by the Constitution.
Executive Yuan spokesperson Lee Huizhi emphasized at a press conference after the meeting today (12th) that welfare policy formulation should comply with three principles, including not increasing substantial debt, not crowding out other policies, and the procedures are legal and constitutional. The government has long continued to strengthen farmers' protection through farmers' health insurance, farmers' occupational disaster insurance, agricultural insurance and farmers' retirement savings systems.
Li Huizhi said that the Executive Yuan made an overall assessment based on fiscal sustainability, wealth exclusion standards and the price adjustment mechanism, and proposed a plan to increase the monthly subsidy for old farmers to 10,000 yuan. However, the version approved by the Legislative Yuan on the third reading without communication with the Executive Yuan will increase annual expenditures by about 32 billion yuan, which will not only form a long-term financial burden for the government, but may also reduce the allocation space of other agricultural-related resources.
Li Huizhi pointed out that the Executive Yuan has received the bill passed by the Legislative Yuan on the third reading on the 10th, and is currently studying the content. In the future, it will take legal and constitutional response actions within the scope of its powers granted by the Constitution.
What to Watch
AI outlook — possibilities, not facts
The Executive Yuan will take legal and constitutional response actions within the scope of its powers granted by the Constitution.
Very likely · Within days
Open Questions
- What specific legal and constitutional responses will the Executive Yuan take?
- Will the Executive Yuan exercise veto power over the bill or initiate other constitutional procedures?
- How will the additional expenditure of 32 billion yuan affect the allocation of other agricultural-related resources?
