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Fiscal 2012 budget enacted at record-high 96 trillion yen

The fiscal 2012 budget was enacted Thursday, in line with a constitutional provision that gives priority to the House of Representatives, which is controlled by the ruling coalition. With general-account spending totaling 90.33 trillion yen, the budget for the year represents a fall of 2.2 percent from last year's initial budget, the first decline in six years. (Yomiuri)

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