{"id":1687486,"date":"2022-10-13T06:06:16","date_gmt":"2022-10-13T10:06:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687486"},"modified":"2022-10-13T06:06:24","modified_gmt":"2022-10-13T10:06:24","slug":"japan-coalition-party-seeks-13-6-billion-for-child-care-in-stimulus-draft","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/japan-coalition-party-seeks-13-6-billion-for-child-care-in-stimulus-draft\/","title":{"rendered":"Japan coalition party seeks $13.6 billion for child care in stimulus draft"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjapan-coalition-party-seeks-13-6-billion-for-child-care-in-stimulus-draft%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687486&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Takaya Yamaguchi and Tetsushi Kajimoto<\/p>\n<p>TOKYO (Reuters) -A party in Japan\u2019s ruling coalition is seeking 2 trillion yen ($13.6 billion) in child care support as part of an economic stimulus package, a draft proposal showed, indicating that steps are under way to flesh out specific spending plans.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>The proposal by Komeito, a partner of Prime Minister Fumio Kishida\u2019s Liberal Democratic Party, also seeks 500 billion yen for research and development on technologies related to economic security, according to a draft document seen by Reuters on Thursday.<\/p>\n<p>The proposals will likely be reflected in an economic stimulus package that the government plans to announce this month and that will be funded by a supplemental budget, the second for this fiscal year, expected to reach a vote in November.<\/p>\n<p>The draft proposed spending 2 trillion yen over three years to support families with children, in addition to other measures for households and enterprises hit by high energy and resource costs. It did not give a total spending figure.<\/p>\n<p>Japanese policymakers have so far remained coy about the likely size of the planned stimulus spending, although some lawmakers have floated ball-park figures around 30 trillion yen.<\/p>\n<p>The package, which follows an initial extra budget approved in May worth 2.7 trillion yen, would likely be financed through additional debt issuance and add to what is already the industrial world\u2019s heaviest public debt burden, at more than double the size of the country\u2019s annual gross domestic product.<\/p>\n<p>A Japanese Finance Ministry official, however, played down comparisons with Britain, which is also confronting a weak currency, high inflation and rising debt, and has been pushed to the verge of financial crisis.<\/p>\n<p>\u201cIn Britain, inflation is way higher than in Japan, and their current account balance is in deficit,\u201d the official said.<\/p>\n<p>\u201cWhat we have in common is that we may not be able to defend our financial position once investors doubt our fiscal sustainability,\u201d the official added.<\/p>\n<p>($1 = 146.7900 yen)<\/p>\n<p> (Reporting by Takaya Yamaguchi and Tetsushi Kajimoto; Writing by Daniel Leussink; Editing by Clarence Fernandez and Edmund Klamann)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/japan-coalition-party-seeks\/attachment\/japanese-pm-kishida-holds-a-news-conference-likely-to-lift\/\"><img decoding=\"async\" src=\"https:\/\/c3.oann.com\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2022binary_LYNXMPEI9C0AO-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI9C0AO-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -A party in Japan\u2019s ruling coalition is seeking 2 trillion yen ($13.6 billion) in child care support as part of an economic<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1687486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1687486"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687486\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1687486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1687486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1687486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}