The summer lull in the partisan fighting over various policy issues will soon come to an end as lawmakers started signing up for the new session yesterday.
The TSU, the tiny ally of the DPP, demanded that Minister of Finance Lee Yung-san (
Meanwhile, the KMT called on the Cabinet to voluntarily take back next year's budget, which it said is full of deceiving figures meant to hide the nation's financial troubles.
PHOTO: LIAO RAY-SHIAN, TAIPEI TIMES
Jumping on the bandwagon, the PFP vowed to give the administration a rough ride when the budgetary review begins later this month.
During a collective registration, legislators from the TSU said they oppose offshore banking unit (OBU) operations proposed by the finance ministry to help local investors conduct business in China.
"Oppose OBU! Down with Lee Yung-san," they chanted.
Earlier, the Ministry of Finance indicated it is mulling introducing the OBU mechanism in line with a consensus reached by last year's Economic Development Advisory Conference.
But TSU legislative leader Su Ying-kwei (
"Such a practice, if allowed, would encourage investors to migrate to China and leave their debts in Taiwan," Su said.
Fellow TSU Legislator Liao Pen-yan (
Chen Chien-ming (
Because an executive order would suffice to carry out the OBU plan, the fledgling party threatened to sap the ministry's power through legal revisions, if necessary.
In addition, the 12-member caucus said it would continue pushing for a referendum law that allows the people to have the final say on major policy disputes, political and economic.
The KMT, on the other hand, accused the DPP administration of manipulating the figures when preparing next year's budget and urged the Cabinet to withdraw the plan on its own accord.
According to KMT Legislator Wang Chun-yu (
KMT Legislator Cheng Feng-shih (
"The government must quit playing Santa Claus at the [expense of the] nation's financial health," he said.
Recently, the Cabinet said it would extend the senior-citizen stipend to retired workers with money earmarked for the national pension program.
The KMT, though supportive of expanding the NT$3,000-per-month allowance to more groups, frowns on the proposal to borrow money from the national pension fund.
The PFP said it would play the bad cop during the budgetary review in light of the low efficiency with which the government executed last year's budget. PFP legislative leader Shen Chih-hwei (沈智慧) cited official statistics that show various government agencies failed to carry out their spending programs for last year.
She noted that during the fiscal period, the reserve capital for the Ministry of Transportation and Communications was NT$38.5 billion.
The Ministry of Economic Affairs and the Council of Agriculture trailed in second and third with NT$9.6 billion and NT$5.5 billion, respectively, the lawmaker said.
‘DENIAL DEFENSE’: The US would increase its military presence with uncrewed ships, and submarines, while boosting defense in the Indo-Pacific, a Pete Hegseth memo said The US is reorienting its military strategy to focus primarily on deterring a potential Chinese invasion of Taiwan, a memo signed by US Secretary of Defense Pete Hegseth showed. The memo also called on Taiwan to increase its defense spending. The document, known as the “Interim National Defense Strategic Guidance,” was distributed this month and detailed the national defense plans of US President Donald Trump’s administration, an article in the Washington Post said on Saturday. It outlines how the US can prepare for a potential war with China and defend itself from threats in the “near abroad,” including Greenland and the Panama
The Chinese Nationalist Party (KMT) is maintaining close ties with Beijing, the Democratic Progressive Party (DPP) said yesterday, hours after a new round of Chinese military drills in the Taiwan Strait began. Political parties in a democracy have a responsibility to be loyal to the nation and defend its sovereignty, DPP spokesman Justin Wu (吳崢) told a news conference in Taipei. His comments came hours after Beijing announced via Chinese state media that the Chinese People’s Liberation Army’s Eastern Theater Command was holding large-scale drills simulating a multi-pronged attack on Taiwan. Contrary to the KMT’s claims that it is staunchly anti-communist, KMT Deputy
RESPONSE: The government would investigate incidents of Taiwanese entertainers in China promoting CCP propaganda online in contravention of the law, the source said Taiwanese entertainers living in China who are found to have contravened cross-strait regulations or collaborated with the Chinese Communist Party (CCP) could be subject to fines, a source said on Sunday. Several Taiwanese entertainers have posted on the social media platform Sina Weibo saying that Taiwan “must be returned” to China, and sharing news articles from Chinese state media. In response, the Mainland Affairs Council (MAC) has asked the Ministry of Culture to investigate whether the entertainers had contravened any laws, and asked for them to be questioned upon their return to Taiwan, an official familiar with the matter said. To curb repeated
Myanmar has turned down an offer of assistance from Taiwanese search-and-rescue teams after a magnitude 7.7 earthquake struck the nation on Friday last week, saying other international aid is sufficient, the National Fire Agency said yesterday. More than 1,700 have been killed and 3,400 injured in the quake that struck near the central Myanmar city of Mandalay early on Friday afternoon, followed minutes later by a magnitude 6.7 aftershock. Worldwide, 13 international search-and-rescue teams have been deployed, with another 13 teams mobilizing, the agency said. Taiwan’s search-and-rescue teams were on standby, but have since been told to stand down, as
RSS