Friday, October 22, 2004

The Grandmother of all "Conversions"

The Arroyo admin is planning to re-enact the 2003 budget again for 2005, and they claim they are for "fiscal responsibility"?

From Malaya:

Sen. Ralph Recto and Senate minority leader Aquilino Pimentel yesterday warned against a re-enacted budget.

Government spending for 2004 is already on a re-enactment of the P861 million budget for 2003. Government is proposing a P907.6 billion budget for 2005.

Recto said a re-enacted budget might become the "grandmama of all conversions."
As only the personal services, debt service and internal revenue allotment (IRA) components of the current budget can be re-enacted in their old form but adjusted to 2005 needs, spending the rest of the budget will be left to the discretion of the executive branch, Recto said.
Gov't money was misused the last time this admin re-enacted the 2003 budget (mostly for GMA's re-election campaign expenses). Dapat magsama-sama sila GMA at Gen. Carlos Garcia sa bilangguan for diverting our money for their own selfish interests.

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