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" "It is accepted fact that the world has been moving from an economy of goods to an economy of knowledge. And knowledge is the single most important resource to any advanced society.
Francis Escudero (born October 10, 1969) is a Filipino politician.
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I totally agree that there is an implementation cost needed to actuate a program. And yes, we need to monitor the implementation of our programs and projects to ensure accountability and judicious use of public funds, but it should not be that expensive. Our government already has an existing machinery and mechanism to precisely do that. We have the Commission on Audit, why do we need this redundancy of functions?
To be sure Mr. President, distinguished colleagues, this landmark decision will significantly alter the budget landscape if Congress is to make the 2015 GAA compliant with the Supreme Court decision. After all, this controversial ruling upheld the legislative power of the purse by clipping the powers of the President to unilaterally realign savings in the national budget to any item, whether in the executive, legislative, or judiciary, sans any legislative imprimatur.
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