(From The Yomiuri Shimbun/Daily Yomiuri)
EDITORIAL / Time to talk about consumption tax
Spending on public pension, health care and nursing care programs for the current fiscal year totaled a whopping 86 trillion yen. The Health, Labor and Welfare Ministry estimates that social security spending will have spiraled to 152 trillion yen in fiscal 2025.
This astronomically high figure must frighten many people. It is an urgent task for politicians to work to dispel people's concern about the future.
A consultative body set up under Chief Cabinet Secretary Hiroyuki Hosoda has begun discussions to review the country's social …