"Sustainability Matters vs Hearings"...The ruling and opposition parties are fighting against tax deficits.

2024.10.28. PM 5:08
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In a parliamentary audit of the Ministry of Strategy and Finance, the ruling and opposition parties engaged in a war of words over how to respond to the "tax deficit" in which actual income is collected less than expected from the budget last year.

The People's Power refuted the opposition's claim that the Ministry of Economy and Finance, which uses the government's available resources without issuing additional government bonds or drawing up an extra budget for revenue, was appropriate.

On the other hand, the Democratic Party of Korea pointed out that the government's fiscal countermeasures did not violate its promise to the National Assembly, and that a hearing is needed to prevent the government's "return of financial resources."



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