Abe Cabinet agreed to the record high budget

The national budget for the next fiscal year will be 96.34 trillion yen. Media seem affirmative on the budget because the budget was contributed by the increase of corporate tax and consumption tax. The amount of issuance of the government bond will fall below 40 trillion yen to 36.86 trillion yen.

It’s very ironic that most Japanese do not think it extraordinary even they see the numbers. However, if you are a foreigner, you may be surprised by not only the huge number itself but also the big difference between the revenue and the expense. Tax revenue will be 54.53 trillion yen, a highest among the latest 24 years, but still insufficient to cover the expenses.

I wonder when it come back to normal.