Fu Kunqi, the chief convener of the Kuomintang League in the Legislative Yuan, called for a universal cash payment of 20,000 yuan per person. Executive Yuan spokesperson Li Huizhi said today (25th) that universal cash payment needs to be based on three principles: 1. There is no increase in substantial debt. 2. It does not crowd out other national policy plans such as social welfare, national defense, medical care, and education. 3. The procedure must be legal and constitutional.
Fu Kunqi, the chief convener of the Kuomintang League of the Legislative Yuan, announced that the new session of the Legislative Yuan will begin on the 29th. "The priority bill for people's livelihood is to return taxes to the people and give each person a general distribution of 20,000 yuan." Do you want to add more money to the general cash of 10,000 yuan? Executive Yuan spokesperson Lee Huizhi said today (25th) that universal cash payment needs to be based on three principles: 1. There is no substantial increase in borrowing. 2. It does not crowd out other national policy plans such as social welfare, national defense, medical care, and education. 3. The procedure must be legal and constitutional.
The Executive Yuan has budgeted NT$235.7 billion in the general budget of the central government for next year, with a total cash distribution of NT$10,000. Fu Kunqi said in August that the Kuomintang League will make every effort to promote universal cash distribution, and will also actively review this year's general budget. "The Kuomintang League plans to distribute NT$20,000 to NT$30,000." In addition, some members of the Central Standing Committee of the Kuomintang suggested that the Legislative Yuan caucus put this year's universal cash proposal forward to the second reading and vote directly, so that people can receive 10,000 yuan this year, and another 10,000 yuan next year according to the government's plan. Universal cash will become the focus of the government and opposition parties in the new session of the Legislative Yuan.
Will the universal cash bonus of 10,000 yuan be increased? Li Huizhi said that the AI dividend of 10,000 yuan included in the central government's general budget next year is based on the government's strict calculations, reasonable fiscal discipline planning, and measurement of the country's financial capabilities, and proposes responsible and comprehensive AI dividends for all people to share.
Li Huizhi emphasized that the popularization of cash needs to be based on three principles: 1. Debt without increasing substance. 2. It does not crowd out other national policy plans such as social welfare, national defense, medical care, and education. 3. The procedure must be legal and constitutional. The Executive Yuan prepares the budget, and the Legislative Yuan reviews the budget. In accordance with the spirit of Article 70 of the Constitution and Article 91 of the Budget Law, the Legislative Yuan may not make proposals to increase government expenditures. This is clearly stipulated in the Constitution.
Li Huizhi said that the government has completed relevant plans without actually borrowing money or crowding out other existing policies. It is hoped that the Legislative Yuan can complete the review of the general budget during this budget session in accordance with the relevant timelines of the "Constitution" and "Budget Law", so that plans such as the universal distribution of AI dividends and the monthly growth allowance of 5,000 yuan for children aged 0 to 18 can be smoothly promoted after the completion of the review of the general budget.
