Cabinet OKs record ¥106.61 trillion budget for FY2021

i did not find any relevant information....

but you don't understand how the fiscal process works. For example, look at the line

Social security outlays will rise to a record 35.84 trillion yen, 350 biilion US, which means pension and medical care for old people.

As crazy as this amount of yen being thrown around is ... The fact that more people are, and will, be drawing a pension for more years than they paid into it - thats completely unsustainable.

govt makes debts to nature going forward. While I smoke my Cuban cigar.

It does appear the government is using a virus to hose large amounts of cash to themselves, transparency oversight not a strong point anyway. Has anyone seen an Abe mask actually used? That’s sad as you probably paid for it. Anyone been given a free steak dinner. That’s sad you definitely paid for that, but has anyone’s pensions been raised?, that’s really sad because you did defiantly paid for that, it’s like Not watching a TV channel but having to pay for it. Oh well my grandkids can pay for my no benefits. Who cares when the decision makers are 70yo.

40.9 percent of the budget will be funded by debt, compared with 31.7 percent in the current year.

The terrible number from before the pandemic just gets even worse with it.

After the last 25 years of meandering economic growth, the futzing around over the budget needs to end. The government needs to be spending 30 percent of tax revenues each year to pay down debt, not spend it up more and more and more like they have actually given up.

This country needs radical reforms of its spending programs, now. The good days are over, it’s time to tighten the belt and lift the specter of gloom that the reckless government spending hangs over us all.

"Amid the coronavirus spread, the hardest part was that we had to strike a balance among preventing infections from spreading, revitalizing the economy and restoring fiscal health,"

You don’t revitalize the economy by burdening it with endlessly higher amounts of public debt and misallocating resources from the crazy central planning and easy money for crappy mask makers.

There is no restoration of fiscal health in sight.

It’s endlessly wasted money.

Why is it that politicians think that their failed systems and approaches just need more money thrown at them when they have been failing for the past quarter of a century as it is.

Social security outlays will rise to a record 35.84 trillion yen, accounting for about a third of the whole budget, as a rapidly graying population has led to ballooning health care and pension costs.

This program takes up more than half of tax revenues. It’s a prime area for radical reforms.

the government will reduce it to around 350 billion yen by measures such as lowering drug prices.

Government involved in setting prices...

Have free markets set prices. The government’s role is in creating the free market environment, not in centrally planning the prices.

Among the stimulus measures is a five-month extension through late June of the government's controversial Go To Travel subsidy program

The government has racked up so much debt and here they are racking up more debt through subsidy programs.

No, no more.

How about loan programs instead? Viable businesses should pay back the money later, not we taxpayers who aren’t even using this inequality breeding subsidy program.

The amount of Japan's public debt was around 1,106 trillion yen as of March this year, more than double its annual gross domestic product.

And orders of magnitude higher than tax revenues.

Meanwhile, the government has kept the goal of bringing the primary balance -- tax revenue minus expenses other than debt-servicing costs -- into the black by fiscal 2025.

And I have the goal of living till I’m 10,000 years old.

two extra budgets totaling 57.60 trillion yen to fund programs designed to stimulate the virus-battered economy.

So who feels the economy has been stimulated by the central planning?

policy of placing priority on economic growth to achieve fiscal consolidation

What they are doing is not doing anything to help Japan’s long term prospects of growing the economy to the extent the debt problem they keep making worse and worse can be solved.

There is no real security in Japan , especially for foreigners.

Fortunately, that was a lesson that I learned a long time ago and have managed to grow my savings by 100%.

The trillions of yen will not go to the needy part time workers of Japan but will be lavished on infrastructure projects to generate huge kickbacks.

Same as it was decades ago...

"Amid the coronavirus spread, the hardest part was that we had to strike a balance among preventing infections from spreading, revitalizing the economy and restoring fiscal health," Finance Minister Taro Aso told a press conference after the Cabinet approval.

I wonder if the welfare of the people is ever a fleeting idea in the "mind" of Taro Aso.

People whine so much about the Government wasting money and nothing given to the common people but end up voting these same goons into power during the elections!

Still though, this budget is a total farce as the rich will benefit more and the average and poor will get nothing! All money being funneled to the Japan Inc and nothing for the people. It’s a shame that a developed country like Japan ( being number 2 or 3 as the global power ) didn’t provide any second round cash stimulus for the people!

About half of which will be used to move the sidewalks back 10cm to where they were last year.

money stolen from tax payers

Where did their money originally come from?

 thats completely unsustainable.

And yet it is being sustained, easily. With a push of a button. Can anyone explain how Japan continues to afford things that debt hawks said years ago were "unaffordable"? Without high inflation, unemployment, etc?

40.9 percent of the budget will be funded by debt,

Nearly half of that "debt" will end up being held by the BoJ, a public sector institution. The proceeds from coupon payments and encashment after maturity will flow right back to the ministry of finance. I wonder if the writer can explain how that "debt" funds anything?

All money being funneled to the Japan Inc and nothing for the people.

Imagine if the same amount of money were spent, but instead of central planners deciding how to spend it, each citizen instead had the money put away in personalized health, or pension accounts, with each individual among us deciding how to spend our own money?

Many of us are saving for ourselves and don’t even need one if these accounts, so we could spend less public money.