Political deadlock stalls supplementary budget plan


The National Assembly is in deadlock over
the government’s multi-billion dollar supplementary budget plan… that was slated to be put up
for a vote today. The ruling Saenuri Party urged the opposition
parties to abide by an earlier agreement and approve the plan,… while the opposition
criticized the ruling party for being unwilling to compromise on the witness list for an upcoming
hearing. The opposition parties said… they cannot
agree to pass the budget bill,.. unless they first hear from key economic policymakers,
including former Finance Minister Choi Kyung-hwan, about why they decided to inject three-point-eight
billion U.S. dollars of taxpayer money into the ailing shipping and shipbuilding industries
last October.

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