An extraordinary session of the Diet will be convened on the 20th, and while the government and ruling parties aim to enact a supplementary budget bill for this fiscal year to support new economic measures, the opposition parties plan to correct the government's response to the rise in prices. On the other hand, Prime Minister Kishida has decided to instruct the ruling parties to consider a time-limited income tax cut, and there is expected to be a debate over measures to reduce the burden, including tax cuts.
The 212th extraordinary session of the Diet, which will be the first full-scale debate after the recent Cabinet reshuffle, will be convened on the 20th.
After Speaker Hosoda's resignation is approved at the plenary session of the House of Representatives at noon, former Finance Minister Nukaga of the Liberal Democratic Party is expected to be elected as his successor.
Then, from 3 p.m., the opening ceremony will be held with the Emperor of Japan welcomed.
Prime Minister Kishida's policy speech will be delivered on the 22rd due to objections from the opposition parties to holding the by-election of the House of Representatives and the House of Councillors on the 23nd, and questions from representatives of each party are scheduled for three days from the 24th.
The session will last for 3 days until December 12, and after formulating new economic measures, the government and ruling parties intend to promptly submit a supplementary budget bill for this fiscal year to the Diet to ensure its passage.
In response, the opposition parties intend to examine the government's response to rising prices and the qualifications of newly appointed ministers in the recent Cabinet reshuffle.
On the other hand, with regard to the new economic measures, Prime Minister Kishida will instruct the political research chairmen of the Liberal Democratic Party and the New Komeito Party and the chairman of the tax research committee on the 13th to consider a time-limited income tax reduction in order to return a part of the increase in tax revenue to the public.
With regard to economic measures, the opposition parties are also considering measures such as the Constitutional Democratic Party of Japan (DPJ) putting together its own measures to provide 55,20 yen as an "inflation allowance" mainly to households that are severely affected by soaring prices, and discussions are expected to take place over measures to reduce the burden, including tax cuts.