IKOT.PH
Approval of President Marcos tax proposals will not be a “slam dunk” in the Senate, and may even be blocked, if they will cause misery to an already overtaxed people, Senator Chiz Escudero warned. And if the administration team that will be selling the tax proposals “is the same crew that did a poor job […]
Senator Chiz Escudero has vowed to support the passage of a new procurement law and auditing code, which President Ferdinand Marcos Jr. tackled in his State of the Nation Address, saying these amendments would help facilitate decentralization and devolution process that will further empower local government units (LGUs). As Congress opened its second regular session, […]
Senator Chiz Escudero lauded President Ferdinand Marcos, Jr. for the expeditious signing of the New Agrarian Emancipation Law, which frees over 600,000 farmer-beneficiaries of the Comprehensive Agrarian Reform Program (CARP) from debts tied to land reform sponsored by the state. The President signed Republic Act 11953, which in effect wiped out some P58 billion in […]
Senator Chiz Escudero congratulated lawyer Lorenzo “Larry” Gadon on his appointment as Presidential Adviser for Poverty Alleviation. “I congratulate Atty. Gadon on his new role in government and wish him well,” Escudero said in a brief statement. “I look forward to engaging and working with him in the field of poverty alleviation.” “I look forward […]
Senator Chiz Escudero has expressed openness to the proposal of passing laws that would institutionalize the air passenger’s bill of rights and impose stiffer penalties on violators amid the rising grievances by travelers against poor airline services. Escudero said it is about time the current Congress should look into legislating the Air Passenger Bill of […]
Senator Chiz Escudero has called for more “earning guarantees” in the Maharlika Fund bill, which would allow the sovereign fund to surpass the 6% income threshold that two state-owned banks presently earn from their investments. Without “benchmark in yields,” Escudero warned that the billions the Land Bank of the Philippines (LBP) and the Development Bank […]
The rehabilitation of the historic Manila Central Post Office building must have as its seed fund proceeds from fire insurance claims, Senator Chiz Escudero stressed. “That should be the financial cornerstone of its reconstruction. Before any appropriated funds are tapped, insurance should be collected first. Bago galawin ang nasa national budget, habulin muna ang insurance,” […]
Senator Chiz Escudero has filed a proposed bill that will enable the Office of the Ombudsman to retain at least 30% of the value of the ill-gotten assets acquired from the forfeiture cases that the government won in courts against corrupt public officials as a move to augment the financial resources of the country’s graft […]
Senator Chiz Escudero cautioned against the “renationalization” or reacquiring of properties formerly owned by the Philippine government, saying it might discourage foreign investors from doing business in the country. “The renationalization of formerly-owned sold state assets is a policy that the national government should be very careful about or should be more circumspect about as […]
Senator Chiz Escudero is pressing for higher compensation for victims of unjust imprisonment and violent crimes through amendment to Republic Act 7309 that created the Board of Claims under the Department of Justice (DOJ) more than three decades ago. Escudero, who filed the proposal last year, expressed hope that the three Senate committees – Justice […]