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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 […]
Senator Chiz Escudero resumed the public hearing of the Committee on Higher, Technical and Vocational Education and tackled policies and initiatives to improve the state of the country’s higher education, including plans to establish medical colleges and veterinary schools in state universities nationwide. During the hearing, the panel approved various proposals to create five additional […]
Senator Chiz Escudero warned the government against introducing new tax measures as they would burden people who have yet to recover from the pandemic. Escudero said the government should instead boost its fight against corruption, run after tax cheats, and cut unnecessary expenditures. “Taxation should be the last resort, not the first option. You reduce […]