BIR, NHA biggest losers in 2014 budget

The Bureau of Internal Revenue (BIR) and the National Housing Authority (NHA) are the biggest losers in the proposed P2.268 trillion budget for 2014, losing at least P10 billion each compared with their 2013 budget.

The Budget Comparison Tables provided by the Congressional Policy and Budget Research Department showed that the BIR suffered the biggest budget cut at P11.77 billion, or 60.4-percent decrease compared with its 2013 share. Commissioner Kim Henares would then have to make do with its P11.77 billion in 2014 from having P19.4 billion in 2013.