
Members of the People Power Party's Budget and Budget Committee criticized next year's budget as an abnormal size, saying it amounts to 925.3 trillion won, including spare funds from the future response fund, and insisted that the entire 30.5 trillion won local allocation tax be returned to local governments and cut police robot and fund budgets.
AI-generated summary
Lawmakers from the People Power Party's Budget and Budget Committee held a press conference, pointing out problems with the size of next year's budget and distribution of local allocation taxes. It is claimed that the 104.4 trillion won in spare funds from the Future Response Fund are not included in total expenditures, so the actual budget amount is 925.3 trillion won.
People Power Party members of the National Assembly's Budget and Settlement Special Committee held a press conference at the National Assembly on the 4th and claimed, "Next year's budget plan is an abnormal size of 925 trillion won," and "We must abolish the regional discrimination budget of the Future Response Fund and restore the local allocation tax to its original state."
Rep. Yoo Sang-beom, a member of the opposition party, said, "The government is promoting to the outside world that next year's budget plan is 820.9 trillion won, a 12.8% increase from this year. However, there is 104.4 trillion won in spare funds hidden in the future response fund that are not included in the total expenditure. Considering this, next year's actual budget plan amounts to 925.3 trillion won, a 27.1% (197 trillion won) increase from this year." said.
Rep. Yoo said, "It is not only a very large scale, but an abnormal scale unprecedented in constitutional history. The Lee Jae-myung administration calls next year's budget a budget for the 'irreplaceable' leap forward of the Republic of Korea, but if you look inside, it is an 'irrecoverable' budget full of 'generally impossible' projects."
Rep. Yoon Jae-ok, a member of the Budget and Budget Committee, said, "The government stole 30.5 trillion won of local allocation taxes to be distributed as income from the Future Response Fund, but the expenditures from the local account of the Future Response Fund were only 15.3 trillion won, evaporating 15.2 trillion won." He added, "If you look at the local accounts, they cut the local allocation taxes of other cities and provinces and used those resources to funnel 3.5 trillion won to Gwangju and Jeonnam alone in the name of integration." pointed out.
Rep. Yoon said, “The local account is a representative case of regional reverse discrimination that sacrifices other cities and provinces for the Honam region,” and added, “The entire 30.5 trillion won must be cut and returned fairly to the local regions.”
Rep. Eom Tae-young said, "The National Police Agency has reflected 45 billion won in crime prevention projects, saying that due to the abolition of the prosecution's right to investigate, it will convert the frontline personnel at the front line of people's livelihoods into investigative personnel and replace the gap with 300 four-legged robots without field response capabilities, 150 million won per unit," and emphasized, "There is also a budget for the 'North Korea-style No.
Representative Park Soo-young said, "We will definitely address the 'addicted budget' that asks for more budget while not using the existing budget properly," and cited 5 trillion won in various fund budgets, 2.14 trillion won in electric vehicle distribution projects, and 1.8 trillion won in renewable energy budget as examples.
In addition, the People Power Party plans to define the budget for frontier-level AI (KRW 4.7 trillion), Youth Future Savings (KRW 1.7 trillion), and the Oil Price Stabilization Support Project (KRW 1.4497 trillion) as unnecessary budgets and begin cutting them.
AI outlook — possibilities, not facts
It is possible that some of the budget reduction items proposed by the People Power Party will be reflected in the budget deliberation process.
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