Senator Bongbong Marcos interpellates Senate Committee on Finance Chairman on crucial issues regarding the 2011 National Budget

24 November 2010

Senate deliberations on the House Bill No. 3101, the General Appropriations Bill for Fiscal Year 2011 or more popularly the proposed 2011 National Budget, started on 23 November 2010 with the ceremonial sponsorship speech of Senator Franklin Drilon, Chairman of the Senate Committee on Finance. Senator Bongbong Marcos took the floor yesterday to interpellate Senator Drilon on various issues about the proposed 2011 National Budget.

Senator Bongbong noted in particular, among other issues, the apparent focus of the present administration on social services, such as direct cash transfers to the “poorest of the poor”, as evidenced by the 43% allotment in the proposed budget. Senator Bongbong however said that while indeed these poverty alleviation programs are truly laudable efforts, the present administration should also fortify them with equal efforts at stacking up the “building blocks of economy,” such as job-creation and other economic stimulants, in order for these programs to be financially sustainable.