JERUSALEM, Aug. 22 (Xinhua) -- Israel's political coalition is in danger due to a disparity of opinions on some 450 million U.S. dollars budget cut, local daily Ha'aretz reported on Tuesday.

    Avigdor Yizhaki, senior Knesset (parliament) member from the centrist Kadima party and chairman of the ruling coalition, made the warning after the coalition failed for a second time to forge a majority in budget cuts, said the daily.

    "The significance of this, is that today there is no coalition in the state of Israel," Yitzhaki was quoted as saying, threatening to break up his party's partnership with the Labor Party in the coalition.

    The budget cut is meant to finance the costs of the war, including funds earmarked for reserve soldiers, and for rehabilitating war-damaged areas of the Galilee.

    Yitzhaki said that "the Labor Party is not a coalition partner which can be trusted, therefore I am going to propose to the prime minister that he immediately reshuffle (the cabinet) and to enter into new coalition negotiations, from the beginning." Labor Knesset members Avishai Braverman and Orit Noked said that they would not favor the proposed cuts in order not to affect the funds earmarked for social welfare demands.

    "For reasons of conscience, I will not raise my hand in favor of supporting a budget which harms the weak, which harms the Negev and the Galilee," Braverman told Knesset Finance Committee before a scheduled vote on Tuesday.

    The planned vote on the budget cuts was then postponed. Enditem