Taiwan cash handout push: KMT wants NT$20,000, premier warns on debt
Taiwan's opposition is pushing to double a planned cash handout to every citizen, and the government is pushing back over who pays for it.
- The KMT's legislative caucus wants NT$20,000 handed to each person as the top priority bill of the new session.
- That is twice the NT$10,000 handout President Lai Ching-te announced for next year in August.
- Premier Cho Jung-tai rejected borrowing for it, saying this generation's debt must not be left to the next one.
- The Cabinet set three conditions for any handout: no new real borrowing, no squeezing welfare, defense, health or education, and it must be legal and constitutional.
- The fight opens as the legislature's new session begins, with the Cabinet delivering its policy report.
Outlook: Expect a standoff, with the opposition-controlled legislature able to pass a bigger handout but the Cabinet resisting anything funded by new debt.