The House and the Senate ratify the bicameral conference committee report on the proposed 2026 national budget on Monday, December 29. President Ferdinand Marcos Jr. is expected to sign the budget bill into law first week of January.
Full story: https://www.rappler.com/philippines/congress-ratifies-bicam-report-2026-national-budget/
00:00The House and the Senate ratified the bicameral conference committee report on the proposed 2026 national budget on Monday, December 29.
00:08The nearly $6.8 trillion spending plan will now be transmitted to Malacanang.
00:13President Ferdinand Marcos Jr. is expected to sign the budget bill into law first week of January.
00:18Several lawmakers, among them Senator Risa Ontiveros, cite reservations surrounding unprogrammed appropriations and possible pork barrel programs.
00:26It is very unfortunate that some of the reforms you are pushing for, including an overwhelming cut in unprogrammed funds, are not carried in this budget.
00:39Still, it is an improvement that the bicam version includes safeguards aimed at preventing unprogrammed funds from becoming slush funds.
00:50House Minority Leader Antonio Tino voted against the report, citing a lack of funding for genuine agrarian reform and national industrialization.
00:59This year's bicam deliberations were streamed to the public for the first time, following calls for greater transparency in the budget process.
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