TO ensure the timely passage of the proposed P4.1-trillion General Appropriations
Act, the House of Representatives will conduct marathon hearings from Monday to Friday starting on August 22.
She said the validity of the MOOE and CO appropriations
should be extended to benefit the people, lamenting the non-implementation of projects and programs for the delivery of basic services.
The veteran lawmaker said this after Finance Secretary Carlos Dominguez III recently endorsed outgoing Senate finance committee chair Loren Legarda as the next head of the House committee on appropriations
, which is tasked to lead the crafting of the budget bill in Congress.
120 bonds, and other appropriation-backed debt, one notch below the commonwealth's 'AA-' IDR, is based on debt service paid from lease payments, subject to legislative appropriation
Based on the approved resolution of the SB1, the bulk of the appropriations
was lodged under the General Fund proper in the total amount of P848,889,364.143, which is equivalent to 70% of the total appropriation
Eighth: 1 - Tradeoff among the budget and attached balance sheets' sections, chapters and branches to be made by a decision of the Minister of Finance or a concerned minister and a head of a department with an independent budget appropriation
can make tradeoffs among items of operational expenditures and appropriations
for programs and projects, but not more than half of the original appropriation
to be traded off to another item or program or to be added to either of them, expect the items and programs of salaries, but not more than half of the appropriation
, in such a case the tradeoff shall be made by a decision of the Minister of Finance.
The congressional appropriations
process, which provides discretionary spending for federal government agencies, assumes the annual enactment of 12 regular appropriations
bills prior to the beginning of the fiscal year (October 1).
Chair Barbara Mikulski (D-MD) remains interested in a September omnibus bill that would package all or several bills into one, but the odds seem to favor the House Republicans' preference for a continuing resolution until the new Congress takes office.
Committee Chair Barbara Mikulski (D-Md.) does not support a rider in the Agriculture appropriations
bill that would require USDA to approve the sale and use of genetically modified seeds even if a court has determined the environmental analysis conducted for the seed is inadequate,
Explaining the Council's position, he said the draft budget foresees an increase of 1.27% in commitment appropriations
and 2.79% in payment appropriations
, compared with the 2012 budget.
shall be applied only to the objects for which the appropriations
were made except as otherwise provided by law.