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NOV
14
2012

Toll rates bearable if VAT was not imposed

If only you had listened. This was the reaction of Sen. Ralph G. Recto to the reported plan of government to subsidize the operations of privately-run toll roads, including toll fees, to ensure the profitability of the investing firms and soften the impact on motorists. Recto on
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NOV
06
2012

Hearing on the Proposed Budget of NEDA for 2013

It took only a few minutes for the Finance sub-committee ìCî chaired by Sen. Ralph G. Recto to recommend for plenary approval the P951.62 million proposed budget of National Economic Development Authority (NEDA) for 2013, which is 15.31 percent higher than this year’s
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NOV
06
2012

Hearing on the Proposed 2013 Budget of DOTC

Senator Ralph G. Recto, chairman of Finance sub-committee C, hears the presentation of Department of Transportation and Communications (DOTC) Secretary Joseph Abaya on his agencyís P37 billion proposed budget for 2013. During the hearing, Recto asked Abaya about DOTCís plan to
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NOV
05
2012

Hearing on Local Bills Involving Zamboanga, Cebu and Batangas

Senator Ralph G. Recto, chairman of Government Corporations & Public Enterprises committee, discusses with resource persons the implications of three important bills regarding the payables of the Zamboanga del Norte Electrical Cooperative, amendment of the Charter of the
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OCT
15
2012

Privilege Speech on Sin Tax Measures

Privilege Speech Delivered by Sen. Ralph G. Recto Mr. President, my dear colleagues, magandang hapon. Clearly, I am the national punching bag of the week. And I am not surprised. Because if you are head of the Ways and Means committee, expect to be pilloried and never be praised.
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OCT
10
2012

Senate Ways and Means panel unveils its own sin tax measure for plenary scrutiny and approval

Sen. Ralph G. Recto today expressed dismay over the failure of the Department of Energy (DOE) to detect and stop state-run Power Sector Assets and Liabilities Management Corp. (PSALM) from overcharging power consumers. “Who’s minding the store at the DOE? I’m sure they knew about
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OCT
10
2012

Sponsorship Speech on Sin Tax Measures

Sponsorship Speech of Sen. Ralph G. Recto on SB No. 3299 Under Committee Report No. 411 Committee on Ways and Means Mr. President : No Senate was ever a bulwark of taxation. This one has never been. To every overture of a new tax, its reply has never been of ratification but of
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SEP
20
2012

4th Hearing on Sin Tax Measure

Sen. Ralph G. Recto, chairman of the Senate committee on Ways and Means, discusses earmarking proposals on the proceeds from the new Sin Tax Law as the Senate holds final hearing on the key revenue measure. Among those in attendance are the countryís economic managers led by
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