US EditionThe Elimination of General Subsidies Has Caused a Backlash From Local Governments. The Head of the Government Admitted that He Had Considered Eliminating Debt Interest but Was Afraid of Defaulting on Government Debts.
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The Executive Yuan has cut general subsidies for local governments, and six counties and cities have appealed to the Executive Yuan, but the dispute continues. The Executive Yuan admitted on the 6th that it had considered cutting debt interest to deal with the Legislative Yuan's request for the Executive Yuan to cut 63.6 billion yuan from its own budget, but this might lead to problems such as default and fund allocation, so it gave up the plan …
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