Japan PM urges stable funding for more defense spending

Japanese Prime Minister Fumio Kishida said Tuesday that securing stable funding sources for a hefty defense spending boost is the "responsibility" of the current generation, amid signs of discord among his Cabinet and party members over how to fund the ballooning budget.Hiking taxes is one option to help Japan raise defense spending to a combined 43 trillion yen ($312 billion) over the next five years through fiscal 2027, as Kishida aims to bring it to a level equal to 2 percent of gross domestic product.But the plan has created more headwinds for Kishida, who has seen his public support ra…READ FULL ARTICLE