Ex-LDP heavyweights launch new political party in Japan (2)

14:31, April 11, 2010      

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Political sources revealed that the Sunrise Party of Japan has been founded on a premise of undermining the ability of the ruling Democratic Party of Japan (DPJ) to consolidate their power in the House of Councilors election this summer.

Yosano said on a TV Tokyo program earlier on Saturday that the party aims to field more than 10 candidates in the proportional representation portion of the upcoming election in July and may field candidates for the election, not just in the Tokyo constituency but also in electoral districts in other urban areas, such as Kanagawa, Saitama and Osaka prefectures.

With five parliamentarians officially involved in the new party the SPJ will be eligible to receive state support and benefits as an official political entity.

According to the party's members, their manifesto will involve pushing for drastic tax reforms, including a rise in the consumption tax rate, and measures to remedy the nation's ailing fiscal health and modernize the social security system. Additionally, the party will commit it's resources to creating a new constitution, the members said.

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