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Economy
In reply to the discussion: STOCK MARKET WATCH -- Thursday, 17 January 2013 [View all]xchrom
(108,903 posts)36. Public handouts to the poor to be cut{japan}
http://www.japantimes.co.jp/text/nn20130117a2.html
Welfare minister Norihisa Tamura said Wednesday that welfare payments to the poor will be cut across the board, reflecting a government panel's finding that some are receiving more money each month than what low-income workers spend on average.
He spoke to reporters in Ishinomaki, Miyagi Prefecture, after the panel, under the Social Security Council, reported its findings.
The Health, Labor and Welfare Ministry as well as the Liberal Democratic Party and its junior partner, New Komeito, will decide the rate of reduction by the end of this month in the process of compiling the state budget for fiscal 2013, starting in April.
During the campaign for the general election last month, the LDP vowed a 10 percent cut in welfare payments, which have not changed since fiscal 2004.
Welfare minister Norihisa Tamura said Wednesday that welfare payments to the poor will be cut across the board, reflecting a government panel's finding that some are receiving more money each month than what low-income workers spend on average.
He spoke to reporters in Ishinomaki, Miyagi Prefecture, after the panel, under the Social Security Council, reported its findings.
The Health, Labor and Welfare Ministry as well as the Liberal Democratic Party and its junior partner, New Komeito, will decide the rate of reduction by the end of this month in the process of compiling the state budget for fiscal 2013, starting in April.
During the campaign for the general election last month, the LDP vowed a 10 percent cut in welfare payments, which have not changed since fiscal 2004.
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