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Sunday, 4 January 2009 - Japan PM: No snap poll before '09/10 budget passes | International |
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    Read more with google mobile : Japan PM: No snap poll before '09/10 budget passes | International |

      My Profile    Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Japan PM: No snap poll before '09/10 budget passes Sat Jan 3, 2009 11:19pm EST   Email | Print | Share | Reprints | Single Page [-] Text [+] By Linda Sieg TOKYO (Reuters) - Unpopular Japanese Prime Minister Taro Aso said on Sunday that passing legislation to rescue the economy from recession took priority over calling an early election, which surveys suggest his ruling bloc could well lose. Aso, an outspoken nationalist and a fan of manga comic books, was chosen by his long-ruling Liberal Democratic Party (LDP) last September to woo voters ahead of an election for parliament's powerful lower house that must be held by September 2009. But his support has fallen below 20 percent in a survey late last year as the gaffe-prone prime minister battles to keep control over his ruling bloc amid growing unease at the global credit crunch and a rising tide of bankruptcies and layoffs. Recent polls also show that more voters intend to cast their ballots for the main opposition Democratic Party in the next election, raising the prospect that the conservative LDP, which has ruled for most of the past five decades, could be ousted. The Democrats, a mix of ex-LDP lawmakers, one-time socialists and younger conservatives, have blasted Aso's policies as a band-aid for the world's second biggest economy and argued they can revive growth by reallocating resources without costing more. Asked about the timing for a lower house election, Aso told a news conference: "It is clear that we need to be quick on economic steps. It is important to enact the budget and relevant bills quickly and until then, I am not thinking about calling an election." The annual budget for the year from April 1 usually passes parliament in March but could be later this year because the opposition controls parliament's upper house and can delay bills. With the political stalemate expected to persist as the Democrats press for an early election, speculation has simmered that Aso might be forced to agree to call a snap poll in return for an opposition pledge not to delay the budget and block laws needed to implement it. Aso, however, denied he was considering any such deal. GROWING DOUBTS Aso has unveiled an 88.5 trillion yen ($960 billion) budget for the fiscal year starting in April, the nation's biggest ever. That budget, along with two other extra budgets for the current year, will finance 12 trillion yen in fiscal stimulus programmes, which amounts to more than 2 percent of Japan's gross domestic product. "I am strongly resolved to face this difficult situation and respond to the people's expectations," Aso said after a display of calligraphy, writing the words "peace of mind" and "vigor" and exhibiting his handiwork at the televised news conference. "I want to protect the people's livelihoods," he said. "The budget is the most important economic policy." But doubts are growing over whether Aso -- the third premier to take office since the last general election in 2005 -- has the political muscle to push the budget and other related bills through the divided parliament.  Continued... View article on single page   Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn     Next Article: Iraq won't be used to threaten neighbors: Maliki     Also on Reuters Slideshow  Slideshow: Bringing in the New Year with a brisk dip Factories mired in worst slump in 28 years Video  Video: Obama, Congress to talk stimulus More International News Israeli tanks, soldiers invade Gaza Strip   |  Video Taiwan believes China may cut missiles aimed at it Quake hits Indonesia's West Papua, four dead Russia gas row disruption spreads, no talks in sight Iraq won't be used to threaten neighbors: Maliki More International News... Editor's Choice Slideshow  A selection of our best photos from the past 24 hours  Slideshow  Most Popular on Reuters Articles Video Actor Sam Shepard charged with drunken driving Israeli tanks, soldiers invade Gaza Strip  |  Video Thousands protest in Europe at Gaza offensive U.S. governors seek $1 trillion federal assistance U.S.-installed Iraqi ex-PM says Bush "utter failure" John Travolta's son dies in Bahamas "What are you doing here?": man asks wife at brothel Bahamas autopsy planned for John Travolta's son Evans says Fed needs to mimic below-zero rates U.S. thwarts Libyan push for Gaza truce demand at U.N. Most Popular Articles RSS Feed Video  Gaza assaults spark global backlash Israel denies humanitarian crisis Hamas commander dies Bomber targets Sunni gathering Obama, Congress to talk stimulus Riots as Palestinian anger spreads Civilian toll rises in Gaza Brawl in South Korean parliament Australia rejects Guantanamo plan Foreigners leave Gaza Most Popular Videos RSS Feed Reuters Deals The global destination for corporate leaders, deal-makers and innovators Knowledge to Act Reuters.com:  Help and Contact Us  |  Advertise With Us  |  Mobile  |  Newsletters  |  RSS  |  Interactive TV  |  Labs  |  Reuters in Second Life  |  Archive  |  Site Index  |  Video Index Thomson Reuters Corporate:  Copyright  |  Disclaimer  |  Privacy  |  Professional Products  |  Professional Products Support  |  About Thomson Reuters  |  Careers   International Editions: Africa  |  Arabic  |  Argentina  |  Brazil  |  Canada  |  China  |  France  |  Germany  |  India  |  Italy  |  Japan  |  Latin America  |  Mexico  |  Russia  |  Spain  |  United Kingdom  |  United States   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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