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Thursday, August 30, 2007

 

House to begin budget hearings

By Maricel V. Cruz Reporter

The House Committee on Appropriations will begin its hearings on the General Appropriations Act of 2008 as soon as all the committee members are named.

Committee Chair Rep. Edcel Lagman of Albay said the membership of his 115-man panel is expected to be complete by today.

The budget proposed by the administration is P1.227 trillion, the biggest ever sub­mitted to Congress for ap­proval.

The first hearing is slated on September 3, when dis­cussions are expected to center on the macroeconomic impact of the proposed capital outlay for next year.

The committee is expected to invite President Arroyo’s economic managers, headed by Budget Secretary Rolando Andaya Jr. He was chair of the appropriations committee before his appoint­ment to the Cabinet.

Lagman said the committee will conduct hearings on Thursdays and Fridays to meet their target of approving the budget in plenary before the 14th Congress goes on its first break on October.

   
 

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