Budget hurdles 2nd, 3rd reading in Senate - BusinessMirror

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Budget hurdles 2nd, 3rd reading in Senate - BusinessMirror
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With 21 affirmative votes, the Senate on Wednesday approved on second and third reading the P5.268-trillion budget bill for 2023, which the Palace had certified as urgent. Know more:

WITH 21 affirmative votes, the Senate on Wednesday approved on second and third reading the P5.268-trillion budget bill for 2023, which the Palace had certified as urgent.

The P5.268-trillion budget bill embodied in House Bill 448 appropriates funds for government operations from January 1 to December 31, 2023. The second and third reading vote missed by two days the earlier projection by Sen. Juan Edgardo Angara, the 2013 budget’s main sponsor, but the Senate still expects to meet its timelines as set with the House of Representatives, in order for the 19th Congress to have a budget sent to Malacañang and signed into law in December.

He also lamented that the lump sums are still found in it, the most famous being the confidential and intelligence funds that he had actively opposed not just for their sheer magnitude, but because the CIFs of civilian agencies not traditionally doing security work—such as the Office of the Vice President and Department of Education—are growing bigger. Pimentel said having too many CIF items in the budget ties the hands of state auditors.

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