Former Democratic Party of Japan President Ichiro Ozawa launched his new party together with 48 followers Wednesday, vowing to fight DPJ Prime Minister Yoshihiko Noda’s quest to raise the consumption tax and restart idled nuclear reactors nationwide.
Ozawa’s new party, Kokumin no Seikatsu ga Daiichi (people’s lives come first), tentatively consists of 37 Lower House lawmakers and 12 Upper House lawmakers. The number is expected to be finalized next week after the DPJ finishes procedures to expel Gaku Kato, who later decided to bolt from the ruling party to join Ozawa’s group.
During the party’s kickoff meeting in Tokyo’s Chiyoda Ward, Ozawa stressed he would concentrate on fiscal and administrative reforms before a tax hike.
Read the rest of the story: Ozawa creates new party to counter Noda.