South Korea's ruling party simultaneously establishes 12 special committees, including for pension reform, healthcare reform, and tax reform

South Korea's ruling party, the People Power Party, announced on the 3rd that it will simultaneously launch special policy committees to address tax reform, including a comprehensive real estate tax, and pension reform, which have emerged as major issues in the 22nd National Assembly.
According to the Korean media "Herald Economy", the leadership of the People's Power Party announced the establishment of 12 policy special committees at the party level at a general assembly held at the National Assembly on the afternoon of the 3rd.
These special committees will be discussing the three major reform issues of the Yoon Seok-yeol administration: pension reform, medical reform, and labor reform, as well as tax reform, measures to combat the declining birthrate, artificial intelligence (AI), and the broadcasting law.
The reason why the party is running so many special committees at the same time is due to the stalled negotiations on the composition of the 22nd National Assembly.
The possibility of the opposition parties being unable to reach an agreement is growing, and the aim is likely to prevent the National Assembly from becoming virtually dysfunctional due to prolonged negotiations.
It is expected that if the Standing Committee finds it difficult to operate normally after selecting Im as chairman, the issue can be dealt with at the party's special committee level.
The People's Power leadership will decide on the name and other details of the special committee in the near future.
A party source told the newspaper, "We also plan to revitalize the policy assembly so that we can respond to policies at the party level as an active ruling party."
Meanwhile, the ruling and opposition parties are currently engaged in a nerve-wracking battle over the selection of chairpersons for the Legislation and Judiciary Committee, the Steering Committee, and the Science, Technology, ICT, Broadcasting and Communications Committee, among the 18 standing committees.
The Democratic Party of Korea, which won 171 seats in the last general election, is calling for 11 standing committee chair positions, including three standing committee chair positions, to reflect public opinion. In contrast, the People Power Party is calling for a parliamentary majority that understands parliamentary conventions and has called for the creation of 11 standing committee chair positions.
The Democratic Party of Korea has indicated that it will not hesitate to hold an exclusive vote as the opposition party if no agreement is reached within the legal deadline.