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President Lee Jae Myung will deliver a policy speech at the National Assembly on Nov. 2 to explain the government's 2027 budget proposal, the largest ever at 820.9 trillion won, and ask for parliamentary cooperation, according to Chosun Ilbo and Maeil Business Newspaper. The speech is his fourth since taking office and his second this year, following one in April. The main opposition has said it will cut 30 trillion won from the budget, Chosun Ilbo reports. Yonhap also reports the speech will call for smooth passage of the budget bill. Korean media coverage focuses on the unprecedented size of the budget and the political friction ahead, with the opposition's planned cuts drawing attention.