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Senate okays 2011 budget 12/02/2010

Thursday, December 2, 2010

Senate okays 2011 budget

12/02/2010
Voting 12-2, the Senate yesterday approved on third and final reading the proposed P1.645-trillion national budget for next year.

“We approved the budget as submitted by the President (Aquino) and approved by the House (of Representatives),” Sen. Franklin Drilon, chairman of the finance committee, told reporters.

While there were amendments approved during closed-door caucus that lasted for almost three hours, he said the total budget remained the same.

Opposition senators Joker Arroyo and Alan Peter Cayetano voted against House Bill 3101, the budget measure approved by the House of Representatives last Nov. 8.

Arroyo noted that the budget proposal next year was “bereft of the tools for growth.”.... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20101202hed3.html

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