• Senate ratifies 2014 budget


    THE Senate on Wednesday ratified the P2.2-trillion proposed national budget for 2014 a day after it was approved by the bicameral conference committee.

    The final version of the budget is P3.2 billion lower that the original proposed budget submitted by the Malacañang to congress.

    This is because of the decision of 15 senators and vice president Jejomar Binay to delete their respective pork barrel allotment from the 2014 general appropriations act (GAA).

    Senators raised no objection when the Senate finance committee chair Francis Escudero moved to ratify the proposed budget.

    The ratified version of the budget will then be submitted to President Benigno Aquino 3rd for his signature. Jefferson Antiporda


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