Within a span of two weeks, Prime Minister Shinzo Abe's Cabinet has signed off on a hefty ¥13.1 trillion supplementary budget for fiscal 2012 and a record ¥92.6 trillion main budget for fiscal 2013.
Cabinet members are looking to the bright side, stressing that issuance of government bonds in fiscal 2013 won't exceed tax income for the first time in four years.
"We have normalized (the budget) after taking back the government" from the Democratic Party of Japan, Abe said Sunday ahead of the Cabinet's approval of the new budget.