Prime Minister Kan is pushing his budget through parliament but will face a much tougher time passing the financing bills required to fund it. The opposition may only play ball if he tenders his resignation or calls an early election. The alternative is a government shut-down and the expiry of temporary legislation designed to support the recovery. Whatever happens, the difficulties in passing a relatively simple annual budget illustrate the huge challenges faced in coming up with a credible fiscal plan for the longer term.
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