ID :
197661
Wed, 07/27/2011 - 15:47
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https://oananews.org//node/197661
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DPJ makes compromise with opposition over child allowance program+
TOKYO, July 27 Kyodo -
Prime Minister Naoto Kan's ruling party on Wednesday reached a compromise deal with major opposition parties over its child allowance program, being ready to exclude families with an annual after-tax income of 8.6 million yen or more from receiving benefits, starting in fiscal 2012.
The child allowance program was one of the Democratic Party of Japan's most important campaign pledges for the general election in August 2009, through which the party came to power.
The latest deal, after months of negotiations, could pave the way for Kan to finally win support from the Liberal Democratic Party and its smaller opposition ally New Komeito to pass a bill that is needed for the government to issue deficit-covering bonds to finance about 40 percent of the spending planned in the annual budget for fiscal 2011.
The program's review was an absolute precondition for the two major opposition parties to cooperate in passing the bill in the current ordinary Diet session, which runs until the end of August.
The bill's enactment is also one of the conditions the embattled prime minister has set for his resignation.
The basic deal will be finalized during forthcoming talks among the three parties' secretaries general and policy chiefs, lawmakers said.
Last week, the DPJ proposed to cut the current monthly payment of 13,000 yen for every child under 15, regardless of income, to 9,000 yen if the head of the household receives take-home pay exceeding 10 million yen each year.
But the proposal was not accepted by the LDP and the New Komeito party, which wanted only families whose annual income is less than 8.6 million yen be allowed to receive child allowances.
Under the latest agreement, those eligible for the program who have a child under the age of 3 will be paid 15,000 yen each month, up 2,000 yen. But the rest will basically receive 10,000 yen until their child graduates from junior high school.
==Kyodo
2011-07-27 20:43:47
Prime Minister Naoto Kan's ruling party on Wednesday reached a compromise deal with major opposition parties over its child allowance program, being ready to exclude families with an annual after-tax income of 8.6 million yen or more from receiving benefits, starting in fiscal 2012.
The child allowance program was one of the Democratic Party of Japan's most important campaign pledges for the general election in August 2009, through which the party came to power.
The latest deal, after months of negotiations, could pave the way for Kan to finally win support from the Liberal Democratic Party and its smaller opposition ally New Komeito to pass a bill that is needed for the government to issue deficit-covering bonds to finance about 40 percent of the spending planned in the annual budget for fiscal 2011.
The program's review was an absolute precondition for the two major opposition parties to cooperate in passing the bill in the current ordinary Diet session, which runs until the end of August.
The bill's enactment is also one of the conditions the embattled prime minister has set for his resignation.
The basic deal will be finalized during forthcoming talks among the three parties' secretaries general and policy chiefs, lawmakers said.
Last week, the DPJ proposed to cut the current monthly payment of 13,000 yen for every child under 15, regardless of income, to 9,000 yen if the head of the household receives take-home pay exceeding 10 million yen each year.
But the proposal was not accepted by the LDP and the New Komeito party, which wanted only families whose annual income is less than 8.6 million yen be allowed to receive child allowances.
Under the latest agreement, those eligible for the program who have a child under the age of 3 will be paid 15,000 yen each month, up 2,000 yen. But the rest will basically receive 10,000 yen until their child graduates from junior high school.
==Kyodo
2011-07-27 20:43:47
