• 6 AUGUST - *1907 - Gen. Macario Sakay, one of the Filipino military leaders who had continued fighting the imperialist United States invaders eight years into the Ph...
    8 years ago


The Daily Tribune

(Without Fear or Favor)



World Wildlife Fund for Nature-Philippines

The Philippines Matrix Project

Noy’s budget faces rough sailing in Senate By Angie M. Rosales and Gerry Baldo 11/10/2010

Wednesday, November 10, 2010


Noy’s budget faces rough sailing in Senate

By Angie M. Rosales and Gerry Baldo 11/10/2010

The proposed P1.6-trillion 2011 national budget faces rough sailing in the Senate as a number of upper chamber members are coming out in the open opposing the appropriation of P21 billion in the conditional cash transfer (CCT) program of Aquino administration.

While Palace allies in the Senate are ready to defend it, even assuring approval of the item under the budget of the Department of Social Welfare and Development (DSWD), Sen. Edgardo Angara yesterday discounted the possibility of the CCT being approved without any cuts.

Angara himself is insisting on a slash by as much as P6 billion on the so-called anti-poverty instrument of the Aquino administration.

Angara said his colleagues are not opposed to the CCT program in itself but they are likely to move for a cut as the proposed P21-billion allocation is a huge jump from the current year’s figures at P10 billion which is more than a hundred percent increase.

“That’s almost P1.8 billion a month. That’s a lot of money and a lot of warm bodies because they have to provide 2.3 million families. I believe in this program. It can be an effective poverty fighter but it should be manageable, not wasteful spending,” said Angara in an interview with reporters..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101110hed1.html


Blog Archive