web analytics
July 1, 2015 / 14 Tammuz, 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
Future guard? Arab child with Hamas headband aims toy rifle on the Temple Mount after prayers in the Al Aqsa mosque.
Shin Bet Foils Nascent Hamas Coup in Palestinian Authority Territories
Latest News Stories
Then-Israeli ambassador Michael Oren with President Obama. A new book by Oren, now a member of Knesset, is sharply critical of the administration’s foreign policy and paints a far from rosy picture of the president’s relationship with Israeli leaders.

Oren, now a representative of the Kulanu party in the Knesset, has moved on from diplomacy to politics.

Future guard? Arab child with Hamas headband aims toy rifle on the Temple Mount after prayers in the Al Aqsa mosque.

Shin Bet foils attempt by Hamas to overthrow Palestinian Authority government in Judea & Samaria.

A demonstration and call for action against terror are scheduled for 6:30 p.m. Wednesday across from the official of residence of Prime Minister Binyamin Netanyahu in Jerusalem. Government officials got on the soap box after Monday’s night murder of Malachi Moshe Rosenfeld and spoke beautifully against Palestinian Authority incitement and terror. Action is something else. […]

Does the Hams ban include cell phone bomb detonators?

Hamas claims the company, which just so happens to be headed by Abbas’ honchos, is dodging taxes.

Malachi Moshe Rosenfeld, 26, was buried in Kochav HaShachar in Samaria early Wednesday afternoon after he succumbed last night to bullet wounds from Palestinian Authority terrorists. Bayit Yehudi (Jewish Home) chairman and Minister of Education Naftali Bennett was among hundreds of people at the funeral. He called Rosenfeld “a symbol of the State of Israel, […]

Some 70 Egyptian soldiers have been killed simultaneously in a multi-prong attack in Sinai.

An ancient mikvah is discovered beneath a Jerusalem living room.

Oklahoma’s Supreme Court says the 10 Commandments cannot stay at the state capitol.

Neo-Nazis vandalized a Talmud Torah in Boro Park, Brooklyn this week.

US Pres. Barack Obama said Tuesday he’ll “walk away” from a bad deal with Iran. So far, he hasn’t.

ISIS proclaims its next goal is to conquer Gaza, Israel and the Palestinian Authority.

Yitzchak Shamir, born October 22, 1915, died June 30 2012. Shamir was Prime Minister of Israel from 1983 to 1984 and again from 1986 to 1992. He was a leader of the pre-State Lehi (Stern Gang) group. He also served in the Mossad fom 1955 to 1965. From the Ministry of Foreign Affairs: Yitzhak Shamir […]

One of the anti-Israel activists got tasered as the IDF’s Shayetet 13 took over the boat on its way to Hamas-controlled Gaza.

The President announced he will ignore the letter of the law he just signed because it protects Judea and Samaria.

Remind Sen. Chuck Schumer that he said any deal with Iran must include “anywhere, anytime” inspections.

More Articles from Tzvi Ben-Gedalyahu

A demonstration and call for action against terror are scheduled for 6:30 p.m. Wednesday across from the official of residence of Prime Minister Binyamin Netanyahu in Jerusalem. Government officials got on the soap box after Monday’s night murder of Malachi Moshe Rosenfeld and spoke beautifully against Palestinian Authority incitement and terror. Action is something else. […]

Does the Hams ban include cell phone bomb detonators?

Hamas claims the company, which just so happens to be headed by Abbas’ honchos, is dodging taxes.

Malachi Moshe Rosenfeld, 25, lived in the community of Kochav HaShachar in Samaria.

“The PA message to Washington is they want peace. The PA message to their kids is killing Israelis is heroic. It’s time the U.S. figured out which is the true message.”

The agreement does not mean that Orange is leaving Israel, despite wrong headlines elsewhere.

ISIS executioners the past 12 months have murdered 3,000 people, including 86 women and 74 children.

If the wind blows in the wrong direction, Israelis will need gas masks to stay alive.

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: