[Shit just got serious!]
The Liberal Democratic Party are slated to discuss the possibility of building bipedal battle mechas in an upcoming live broadcast of NicoNico Live. The 12-hour-long broadcast will take place on the official LDP website on Thursday, June 28, at 12:00pm (Japan Standard Time).
The actual Gundam debate will begin at 8:00pm JST. This might help if anyone is actually going to watch it.
In every Japanese source I've looked at, there seems to be a public outcry against this idea. Looks like the Japanese citizens aren't willing to pay the taxes that would be necessary to fund something like this. My verdict: nothing will come out of it...yet. Just posted it for the lulz.