Marcos: No need to veto budget

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Marcos: No need to veto budget
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Senators say President may return bill to bicam to address funding cuts President Ferdinand “Bongbong” Marcos Jr. on Monday said he is not inclined to use

MAKING A POINT. President Ferdinand R. Marcos Jr. gestures to make a point during an impromptu media interview yesterday at the Malacanang Palace. PPA POOLSenators say President may return bill to bicam to address funding cuts

He also pointed out that the unprogrammed appropriations in the ratified bill was higher than the original unprogrammed appropriations proposal. “I think it is contrary to all our policy direction when we talk about the STEM development of our educational sector and then the continuing development,” the President said.

He said DepEd’s budget can be augment from an existing item in the General Appropriations Act, or from unprogrammed appropriations. “PhilHealth has P500 billion in reserve, while their yearly expenditure is less than P100 billion. Even with the reduced allocation, they have sufficient funds to continue operations,” the President said. “The priority is to digitize their system so people can access their claims faster. The problem isn’t about insufficient funds, but their capacity to process claims quickly,” he added.

Senator Marcos, however called on the President to restore the subsidy for PhilHealth as well the budget for flood control projects.

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