Extraordinary session of the Diet may take time to adjust tax increase over defense spending

With the extraordinary session of the Diet closed, Prime Minister Kishida emphasized that Japan will steadily produce results on key issues for the year, including the drastic strengthening of defense capabilities.

However, it is expected that it will take time to adjust, such as opposition from within the Liberal Democratic Party, when considering the tax increase that was instructed to cover the financial resources that will be lacking due to the increase in defense spending.

The extraordinary Diet closed on the 10th after a 69-day session with the enactment of a new law to help victims of the problems of the former Unification Church.

At a press conference, Prime Minister Kishida said about the new law, "In the face of the difficulties faced by former believers and their families who are suffering from damage, we can incorporate the opinions of the opposition parties as much as possible and enact it with an overwhelming majority. I said.

On top of that, he emphasized that he will "produce the best results" regarding important issues for the year, such as the drastic strengthening of defense capabilities and the drafting of the next fiscal year's budget.

Prime Minister Kishida has instructed the ruling party to consider tax increases in order to cover the shortage of financial resources due to the increase in defense spending, and discussions are expected to get into full swing from the beginning of the week.

Prime Minister Kishida denied the issuance of government bonds even on the night of the 10th, saying, "We will implement it in stages over several years and respond flexibly to the start time. We would like to ask for your cooperation in fulfilling our responsibility to future generations." I asked for understanding.

However, while some within the Liberal Democratic Party (LDP) have voiced their understanding, there have also been objections, such as ``the new national burden cannot be tolerated''.

In addition, Minister of State for Economic and Security Affairs Takaichi also posted on his Twitter account, "I cannot understand the true intentions of Prime Minister Kishida, who made a statement at this time to cool down the wage increase sentiment," and it is expected that it will take time to coordinate. .