DEC
04
2017

Senate shrinks ITR pages, cuts red tape, simplifies BIR procedures

The Senate version of the so-called TRAIN bill does not only cut income taxes but also the red tape in paying them, Senate President Pro Tempore Ralph Recto said today. The Senate action, Recto said, is contained in several amendments to the National Internal Revenue Code which,
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DEC
04
2017

Reenacted budget fraught with landmines, makes Palace powerful

A reenacted budget arising from a House-Senate deadlock will result in a spending regime fraught with legal landmines, which will grant the executive branch wide discretion on how public money will be spent. This warning was aired by Senate President Pro Tempore Ralph Recto in
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OCT
09
2017

‘Sycip was keeper of national ledger who told us that our assets are bigger than our liabilities’

The country has many Taipans but one true business titan, and that was Washington Sycip. His counsel was most sought after, his advice prized, that even among competing interests he was a shared resource, because having his name on the board is in itself a seal of good
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OCT
08
2017

Recto bats for P15 B more for Marawi rebuild

Senate President Pro Tempore Ralph Recto is proposing that Malacañang be given a standby fund of P15 billion for Marawi reconstruction, on top of the P10 billion that is already in the 2018 national budget bill. Recto said the additional P15 billion for the rehabilitation of the
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OCT
08
2017

Teachers can have higher allowances, take-home pay by Jan. 1 – Recto

Threatened by a P30 billion cut, Senate President Pro Tempore Ralph Recto today called for the rechanneling of DepEd’s 2018 budget to “low hanging fruits” which can be used to increase a number of teacher’s allowances. If these “benefit amelioration” items will be added to the
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OCT
07
2017

BOC told to right errors in balikbayan box rules, easy entry of disaster relief

The lawmaker who was the first to point out the tedious requirements in shipping balikbayan boxes today praised the order of Commissioner Isidro Lapena to freeze the Bureau of Customs’ guidelines on tax-free packages sent home by OFWs “as a blow against red tape.” Senate
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OCT
04
2017

Recto to Bato: We find faults, but we also find extra funds

The Senate may find fault in the PNP, but it also finds funding for them. And the Senate helps the police when it does both. Far from ingrates, the Senate has expressed its support to the PNP by not only approving, year in and year out, a higher budget for the PNP, but adds more
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OCT
04
2017

Brgy polls deferment must be the last one – Recto

This second postponement must be the final one. It should be a non-extendable deferment. If we scrap again the elections in May, it will constitute a strike three against democracy. I am counting on the palabra de honor of Malacañang that this will be the last cancellation.
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SEP
30
2017

Put budget promises like 15-min PNP response, 40-kph MRT speed in ‘BOSS’

One post-budget enactment document the government can publish is a catalogue of performance guarantees issued by agencies, from how fast travellers should exit out of airport immigration queues to police response time. Senate President Pro Tempore Ralph Recto, who made this
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