Today, we have been asked to present to you our "socio-economic-peace program" for the next six years. - Francis Escudero

Mr. President, distinguish colleagues, ladies and gentlemen.

In compliance with the Supreme Court ruling on the Disbursement Acceleration Program, a new general provision on the “Meaning of Augmentation” is proposed by your committee in Sec. 69 which states that savings cannot be used to augment a non-existent P/A/P through the use of an appropriation not otherwise authorized by the subject GAA, and that the existence of an appropriation for an allotment class, whether for Personal Services, MOOE, or Capital Outlays, in a P/A/P is necessary for purposes of augmentation.

Mr. President, distinguished colleagues.