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Appropriations Act of 2011 labeled as ‘stagnation budget’ By Angie M. Rosales 12/03/2010

Friday, December 3, 2010

Appropriations Act of 2011 labeled as ‘stagnation budget’

By Angie M. Rosales 12/03/2010

While Malacañang patted the backs of its allies in the Senate for approving the P1.645-trillion national budget almost intact and promptly, op-position sena-tors described the govern-ment appro-priations next year as a “stag-nation budget” which greatly scrimped on basic services.

The appa-rent skewed priorities of the very first general appropriations bill under the Aquino administration may not sit well with the rest of the Filipino people, Sen. Pia Cayetano said.

“It is unfortunate that the very first budget that looms to be approved under this new administration will be remembered by Filipinos for scrimping on allocations for public tertiary education and hospitals, as well as for agriculture and vital public infrastructure,” said Cayetano, who voted against the budget measure on third reading, along with minority leader Sen. Alan Peter Cayetano.

She also expressed serious reservations about allocating a huge chunk of taxpayers’ money to the controversial conditional cash transfer (CCT) program of the five-month-old Aquino administration.
“Although I support the concept of a subsidy program for the poor, the P21 billion alloted to the CCT is too large an amount to invest in an untested program,” she said..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101203hed3.html

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