Thursday, April 14, 2011

Handouts to be abolished to free up funds for quake reconstruction

After Japan discovered that Congress had not cut the budget deficit at all, and with the DPJ too wimpy to stand up to America and simply reduce the amount of U.S. bonds they purchase, Japan could no longer afford to maintain the child allowance system and pay for the disaster reconstruction costs.

Today, the Yomiuri Shimbun reported that the DPJ would repeal the child allowance system in October.


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