The Knesset Finance Committee approved on Wednesday night the 2021
and 2022 Budget Laws for the second and third readings in Knesset.
After
6 hours of marathon debates, which included several hundred objections
out of about 30,000 objections submitted by United Torah Judaism, Shas,
the Joint List, the Religious Zionist Party and the Likud, a motion was
made by committee chairman MK Alex Kushnir to reach a compromise with
the opposition parties.
The
compromise included about NIS 70 million in additional funds allocated
for projects supported by the opposition, including funding for
yeshivot, NIS 5m. to renovate hospitals in the periphery and NIS 3m. for
development in the Galilee and Negev. There was also an agreement to
amend legislation to reduce National Insurance payments for Israeli
students studying at institutions abroad.
All of this infighting comes as the coalition nears the deadline to
pass a state budget. The legislation needs to pass by the middle of
November otherwise, the government falls and Israel heads to another
election. In the background is of course Netanyahu and his Likud Party
which are actively trying to disrupt the government’s work and peel away
defectors to prevent the budget from passing.
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