web analytics
April 21, 2015 / 2 Iyar, 5775
At a Glance
News & Views
Sponsored Post


Evading Coalition Crisis, Knesset Approves New Budget

Only In Israel: The Knesset is beating the threat of new elections, and will approve, before the midnight Wednesday deadline, the budget for 2013, most of which has passed.
Knesset Members vote on different clauses of Israel's State budget and the Arrangements Law at  Finance Committee at the Knesset

Knesset Members vote on different clauses of Israel's State budget and the Arrangements Law at Finance Committee at the Knesset
Photo Credit: Flash 90

Prime Minister Binyamin Netanyahu, fresh from freeing terrorists, has come to an agreement with Opposition parties, setting the stage for approval of the 2013-2014 budget either Tuesday or Wednesday. If the budget is not approved by midnight Wednesday, new elections would have to be called, by law.

The “pass the budget or call elections” final deadline usually is March 31, but the general elections early this year changed the timetable.

As usual, a debate on the complex and weighty “Economic Arrangements Bill,” a nifty way to hold the country as hostage by appending anything and everything that, threatened to foil a vote on the budget. Political maneuvering cleared the way for its passage late Monday night, leaving the actual budget as the next order of business.

That could have taken a few days, which would have forced new elections, because Knesset Members were able to come up with – count’em – 4,000 thousand objections. That is four thousand, not four hundred, or approximately 33 per MK.

And who said that MKs don’t work?

Finance Minister Yair Lapid rejected a jeering speech from Opposition Leader Shelley Yachimovich and maintained that the budget will “encourage growth,’ which will be news to fans of Economics 101. Lapid recently bulldozed through the Knesset a rise in taxes, particularly a one percent hike in the regressive Value Added Tax (VAT), Israel’s version of a national sales tax. If that encourages growth, Lapid missed the boat by not doubling the potential growth rate and raising the tax by two percent.

The budget cuts child support payments, prompting Haredi Knesset member Yaakov Litzman to go off the deep end and ranted, “You’re starving Jewish children.”

About the Author: Tzvi Ben Gedalyahu is a graduate in journalism and economics from The George Washington University. He has worked as a cub reporter in rural Virginia and as senior copy editor for major Canadian metropolitan dailies. Tzvi wrote for Arutz Sheva for several years before joining the Jewish Press.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Evading Coalition Crisis, Knesset Approves New Budget”

Comments are closed.

Current Top Story
Student at Har Etzion Yeshiva reads announcement of the death of Rabbi Lichtenstein.
Thousands Mourn Rabbi Lichtenstein
Latest News Stories
Israeli soldiers seen near a grave on Mount Herzl Military Cemetery in Jerusalem

A one-minute siren at 8 p.m. inaugurates the day of sadness, followed by the happiness of Yom Ha’Atzmaut.

Student at Har Etzion Yeshiva reads announcement of the death of Rabbi Lichtenstein.

“He did not know what anger was and never engaged in slander.”

Clashes in Egypt, under Mubarak, under Morsi and under the military regime.

He escaped the death penalty but still faces sentencing for more criminal charges.

Oskar Groening may be the last Nazi war criminal to go no trial.

Oskar Groening’s admission of crimes and denial of guilt exposes the depths and truth of evil.

A plane is returning after its landing gear was found on the runway.

Police have closed the entrance to Alon Shvut, where eulogies for Har Etzion Yeshiva Rabbi Aharon Lichtenstein will begin around 10 a.m. Rabbi Lichtenstein, who lived in Alon Shvut, died on Monday at the age of 81. Thousands of mourners who are expected to attend the eulogies and burial may park their cars in the […]

Forget about Israel, doesn’t Brandeis care about Iran’s abysmal human rights record?

As Iran may be re-supplying the Houthis, US warships steam towards Yemen.

A Jewish man with a Russian accent stabbed an Arab worker Monday in Herzliya, next to Tel Aviv, while yelling “Death to Arabs,” police said. The attacker confessed that he intentionally targeted an Arab. The victim suffered light wounds in his shoulder, was treated on the scene and hospitalized. The assailant is a resident of […]

if Iran tries to move a Russian s-300 antimissile system to Syria or Hezbollah in Lebanon, Israel will make sure it doesn’t get there.

Prime Minister Benjamin Netanyahu expressed his sorrow over the passing of Rabbi Aharon Lichtenstein Monday. “Rabbi Lichtenstein’s knowledge found expression in his literary works. He served generations of students,” said the Prime Minister. He added, “When I gave him the Israel Prize a year ago, I saw before my eyes a great rabbi, teacher and […]

“Sexual violence in conflict has become a weapon of choice because it is cheap, silent and effective.”

Saudi Arabia has posted an alert of a possible terror attack on Aramco’s oil facilities and malls in the capital of Riyadh, Bloomberg News reported Monday morning. “We have informed security forces to be on alert and to take any necessary security procedures [against] a possible terrorist attack attempt,” spokesman General Mansour al-Turki told the […]

President Reuven Rivlin granted Prime Minister Binyamin Netanyahu two more weeks Monday morning to form a new government coalition after negotiations with different t parties have not produced a positive result. Rivlin really had no other choice. He would like to see a national unity government with the Likud and the Zionist Union, the euphemism […]

He followed and spread the teachings of his late father-in-law, Rabbi Joseph B. Soloveitchik.

An Egyptian court has sentenced an Egyptian man and two Israeli citizens to life in prison for allegedly spying for Israel. The Israeli citizens were sentenced in absentia, and are unlikely to travel to Egypt to serve their sentences. The Egyptian man, Salama Muhammed Saliman, was convicted of giving the two Israelis information regarding both […]

More Articles from Tzvi Ben-Gedalyahu
Israeli soldiers seen near a grave on Mount Herzl Military Cemetery in Jerusalem

A one-minute siren at 8 p.m. inaugurates the day of sadness, followed by the happiness of Yom Ha’Atzmaut.

Clashes in Egypt, under Mubarak, under Morsi and under the military regime.

He escaped the death penalty but still faces sentencing for more criminal charges.

Oskar Groening’s admission of crimes and denial of guilt exposes the depths and truth of evil.

if Iran tries to move a Russian s-300 antimissile system to Syria or Hezbollah in Lebanon, Israel will make sure it doesn’t get there.

“Sexual violence in conflict has become a weapon of choice because it is cheap, silent and effective.”

Bennett drew his red line on Twitter, but don’t worry. There is a Jewish solution.

Obama figures he can deal with Iran by letting it humiliate him.

The West grants the right to vote. Islamists want to take it away. Will they tell US Muslims not to vote?

Printed from: http://www.jewishpress.com/news/only-in-israel-knesset-chooses-new-budget-instead-of-elections/2013/07/30/

Scan this QR code to visit this page online: