Japan's ruling party has proposed the largest budget in the nation's history, eliciting mixed reactions from opposition political parties. The landmark legislation aims at bolstering the economy and addressing social issues. However, critics question its feasibility and are concerned about long-term fiscal health.

Japan's governance typically values consensus and agreement, and hence, budget bills draw significant attention and reflect policy priorities. Proposed budgets signify future policy direction and public sentiment – making it an issue of national importance.

In the US or EU, large budget proposals often face similar criticism and debates. However, the scale of implications can vastly differ due to varying national economic and social issues, democratic structures, and political landscapes.