Senate, House Convene Bicam on 2019 Budget
January 22, 2019The Senate and the House of Representatives convened today the bicameral conference committee to reconcile the differences in their respective versions of the proposed 2019 national budget worth P3.757 trillion.
Legarda, Chair of the Senate Committee on Finance, said that the bicameral panel will use the 2019 National Expenditure Program (NEP) as point of reference, but will also consider the House and Senate versions of the General Appropriations Bill (GAB).
“The Senate and the House have agreed to use the NEP as reference and meet halfway on the amendments of the respective chambers. We are all representatives of the people and we will ensure that the 2019 national budget will address the needs of the people, especially the poor and vulnerable,” said Legarda.
The Senator said that their goal is to approve the budget before session is adjourned on February 6 and, hopefully, be signed by the President by Valentine’s Day.
“We hope to be able to immediately reconcile the differences between the House and Senate version so that we may approve the budget within the remaining session days that we have. This is very important because the passage of our national budget every year comes with the hope of achieving real lasting growth for Filipinos,” Legarda concluded.
The bicameral meeting on Tuesday was attended by Legarda, Senate Pro Tempore Ralph Recto, Majority Leader Juan Miguel Zubiri, Minority Leader Franklin Drilon, and Senators JV Ejercito and Nancy Binay for the Senate panel, and Congressmen Rolando Andaya Jr., Jose Antonio Sy-Alvarado, Arthur Yap, Edcel Lagman, Maria Carmen Zamora, Rodante Marcoleta, Federico Sandoval II, and Anthony Bravo for the House panel.