Knesset approves budget despite last-minute threats

The Knesset has authorized the 2015-2016 budget in its first reading Wednesday, with 57 MKs in favor and 53 opposed.

"This budget is not just accounting; it is a matter of values," Finance Minister Moshe Kahlon said, presenting his flagship bill to the Knesset. "Behind the numbers and articles there are people, a concern for their education and health and improving their lives. This is a budget that brings good news and a new order of priorities."

"This nation deserves change. We are starting to fix social injustices. The time has come for equal opportunities. The biggest threat to Israel is growing social gaps," he added.


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