Taiwan's opposition Kuomintang (KMT) has proposed a new financial planning law to increase local government funding that could cut the national defense budget by 28%. National Security Council Secretary General Joseph Wu has warned that such drastic cuts would undermine Taiwan's defense capabilities against threats from China.
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NewsTranscript
00:00More officials are weighing in on the new government funding law,
00:03with Taiwan's National Security Council Secretary-General Joseph Wu
00:07saying he expects significant defense budget cuts if it is passed.
00:12The law could see the defense budget cut by up to 28 percent.
00:16Wu says that a drastic budget cut would be detrimental to Taiwan's defense capabilities
00:21and would send a wrong message to the international community
00:24about Taiwan's commitment to self-defense.