“As the year draws to a close, the Congress of the Philippines is once more mandated by the Constitution to enact a national budget for the ensuing year. Section 29(1), Article VI of the Constitution provides that “No money shall be paid out of the Treasury except in pursuance of an appropriation by law.” And so today, Mr. President, I rise to sponsor, as Chairman of your Committee on Finance, the General Appropriations Bill for Fiscal Year 2015.”

— Francis Escudero

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

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Francis Escudero 354

Filipino politician 1969

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“Mr. President, your committee is essentially proposing Supplemental Appropriations amounting to P22,467,608,000 for Fiscal Year 2014, which shall be available for release and obligation within one (1) year after the date of effectivity of this act.”

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“Still the Constitution tells us emphatically that the power of the purse belongs to Congress. It is hoped, Mr. President, distinguished colleagues, that with these proposed amendments in the Fiscal Year 2015 budget or GAA, Congress will adhere to the ruling of the highest Court in the land and regain its Constitutionally-mandated control over the purse strings.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

“I rise to sponsor the Supplemental Appropriations for Fiscal Year 2014 amounting to P22,467,608,000.”

Francis Escudero (1969) Filipino politician

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“An accompanying Special Provision in the Supreme Court budget provides that … “all non-recurring appropriations herein such as, but not limited to, foreign-assisted projects and locally-funded projects, shall not form part of the Judiciary’s appropriation that may not be reduced by Congress, in order to clarify matters Mr. President.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

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Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

“Mr. President, esteemed colleagues, once more we are tasked to exercise the power of the purse in the enactment of this Supplemental Appropriations for 2014. I therefore ask for the swift passage of the measure.”

Francis Escudero (1969) Filipino politician

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“The House of Lords, in rejecting the Budget which provides for the national expenditure of the year, are refusing, for the first time since the great Rebellion, aids and supplies to the Crown, and by that fact and by their intrusion upon finance they commit an act of violence against the British Constitution. There is no precedent of any kind for the rejection of a Budget Bill by the House of Lords in all the long annals of the British Parliament, or, before that, in the still more venerable annals of the English Parliament. The custom of centuries forbids their intrusion upon finance.”

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“I believe that it behooves me to step down at this juncture to ensure that deliberations on the General Appropriations Bill (GAB) — considered the single most important piece of legislation passed by Congress each year — are untainted by suspicions or perceptions of partisan politics. It is, Mr. President, what propriety requires; it is, I believe, what our people expect from us all: delicadeza.”

Francis Escudero (1969) Filipino politician

CNN Philippines http://cnnphilippines.com/news/2015/07/28/Chiz-Escudero-resigns-as-finance-committee-chairman.html
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“The President’s proposed budget for FY 2015 under the N. E. P. or the National Expenditure Program amounts to P2.606 trillion, reflecting an increase of P341.372 billion or 15.07% higher than the Fiscal Year 2014 budget. It is anchored on a real GDP projection of 7-8%, an inflation rate of 2-4%, 364-day T-Bill rate of 2-4%, and a foreign exchange rate of P42-45 to the dollar.”

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“The Constitution of the United States of America, Article V, Section 1: "There shall be a National Anthem containing incomprehensible words and a high note that normal humans cannot hit without risk of hernia."”

Dave Barry (1947) American writer

Dave Barry Hits Below the Beltway (2001)

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Francis Escudero 354

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