'25 Million Won Support Law for All Citizens' Submitted to National Assembly Plenary Session... People Power Party Begins Filibuster

The Livelihood Recovery Support Fund Act, which provides 250,000 KRW per person nationwide and was led by the Democratic Party of Korea, was submitted to the National Assembly plenary session on the afternoon of the 1st. The People Power Party immediately launched a filibuster (unlimited debate) upon the bill's submission.

The National Assembly held a plenary session that afternoon and submitted the Livelihood Recovery Support Fund Act. The bill aims to provide 250,000 to 350,000 KRW per person nationwide in the form of local love gift certificates. This was a pledge made by former Democratic Party leader Lee Jae-myung during the general election. However, the payment amount is to be determined by presidential decree, and the estimated required budget is about 13 trillion KRW.

The People Power Party labeled the bill as a "cash handout bill." At the Supreme Council meeting that day, floor leader Choo Kyung-ho warned, "Distributing 13 trillion KRW in cash will further destabilize prices and interest rates and worsen the hardships of the people."

'Nationwide 250,000 Won Support Bill' Submitted to the National Assembly Plenary Session
(Seoul=Yonhap News) Reporter Kim Juhyung = On the afternoon of the 1st, the 'Nationwide 250,000 Won Support Bill' (Special Measures Act for Livelihood Recovery Support Fund), which was unilaterally passed by the opposition party, was submitted as an agenda item at the National Assembly plenary session. 2024.8.1
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The ruling party applied for a filibuster immediately after the bill was submitted. People Power Party lawmaker Park Soo-min took the lead as the first speaker. Following her, Democratic Party lawmaker Lee Sang-sik, People Power Party lawmaker Kim Sang-wook, and Democratic Party lawmaker Kim Moon-soo will take turns debating for and against the bill.

As soon as the filibuster began, the opposition submitted a unanimous consent motion to end unlimited debate signed by 170 lawmakers. The debate will be forcibly ended around 3 p.m. on the 2nd, 24 hours later, and the opposition plans to immediately proceed to a vote to pass the bill. A filibuster can be ended if more than three-fifths of the total members agree after 24 hours from the submission of the consent motion.

If the bill passes, the opposition will immediately move to submit the Yellow Envelope Act (amendment to the Labor Union Act). The People Power Party has also announced a filibuster against the Yellow Envelope Act.

Ongoing Opposition Party Condemnation Rallies at Every Plenary Session
(Seoul=Yonhap News) Reporter Kim Juseong = On the afternoon of the 1st, before the plenary session, members of the People Power Party are condemning the opposition party's proposal to impeach Broadcasting and Communications Commission Chairperson Lee Jin-sook and the submission of the 'Yellow Envelope Act' to the plenary session in the National Assembly rotunda hall. 2024.8.1
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＜Copyright(c) Yonhap News Agency, Unauthorized reproduction and redistribution, AI training and use prohibited＞

Meanwhile, before the bill submission in the plenary session, the appointment consent motions for Supreme Court Justice candidates Noh Kyung-pil and Park Young-jae were approved.

By secret ballot, the appointment consent motion for candidate Noh was passed with 272 votes in favor, 10 against, and 1 abstention out of 283 members present. The appointment consent motion for candidate Park was approved with 269 votes in favor, 12 against, and 2 abstentions out of 283 members present.