From the Inquirer: That the singular protest comes from a former senator whose voice has grown hoarse from repeated warnings (many times ignored) about government budget abuses should not be a cause of complacency for our economic managers.
Continue reading “Editorial: Save the PH from debt misuse [Inquirer]”
MEXICO, Pampanga – Bawat Pilipino, maging ang mga kapapanganak pa lamang, ay may katakut-takot na utang na umaabot na sa P120,000, ngayong pumatak na sa P11.82 trilyon ang kabuuang utang ng bansa nitong Setyembre, pagsisiwalat ni Senador Ping Lacson nitong Biyernes.
Ayon kay Lacson na dumalo rito para sa Online Kumustahan nila ni Senate President Vicente “Tito” Sotto III, tinatayang aabot na sa P13.84 trilyon na ang utang ng bansa pagdating ng Hunyo 2022.
Napalala pa nito ang mga problemang dinulot ng pandemya lalo na sa kalusugan ng mamamayan at ekonomiya ng bansa.
Related: Lacson: Each Filipino Now P120,000 in Debt
Continue reading “Ping: Aabot na sa P120,000 ang Utang ng Bawat Pilipino”
MEXICO, Pampanga – Each Filipino, even those just born today, is already in debt by at least a whopping P120,000 even as the national debt has reached P11.92 trillion as of end-September, Sen. Panfilo “Ping” M. Lacson lamented on Friday.
Lacson, who personally addressed attendees at his and Senate President Vicente “Tito” C. Sotto III’s Online Kumustahan here, noted the national debt is projected to reach a staggering P13.42 trillion by June 2022.
This is compounded by the problems brought by the pandemic, which has negatively affected Filipinos’ health and the country’s economy, he said.
Related: Ping: Aabot na sa P120,000 ang Utang ng Bawat Pilipino
Continue reading “Lacson: Each Filipino Now P120,000 in Debt”
From the Inquirer: As the country moves closer to the 2022 general elections, while the replacement of President Rodrigo Duterte is uncertain, there’s one thing definite about what the next president would face—a mountain of debt.
Senate President Tito Sotto and Senator Ping Lacson in La UnionLA UNION – Maitatala bilang pinakaseryoso at pinakamahalaga ang pambansang halalan sa susunod na taon bunga ng samu’t saring problemang kinakaharap ng bansa na pinangungunahan ng pandemya sa COVID-19.
Binanggit ito ni Senador Panfilo Lacson sa pakikipag-usap niya at ni Senate President Vicente Sotto III sa mga mamamahayag na nakabase rito, bilang bahagi ng kanilang “Tour of Luzon” na konsultasyon sa iba’t ibang sektor sa mga posibleng solusyon sa mga problema ng bansa.
Apela ni Lacson, dapat na maging matalino at mapagmasid ang mga botante sa pagpili ng mga susunod na lider ng bansa batay sa mga problemang kinakaharap ng mga mamamayan.
“This is serious, very serious especially because of the pandemic. I think the decision we will make in 2022 is the most serious and important decision we all have to make and we should really think carefully,” banggit ng senador.
“My hope and prayer is that the campaign leading to the May 2022 polls will be a campaign of issues, and not a campaign of entertainment,” dugtong ng mambabatas.
Read in ENGLISH: Lacson: Pandemic Makes 2022 Election the Most Serious One in PH History
Continue reading “Ping: Pandemya Magtatala ng Pinakaseryoso, Pinakamahalagang Halalan sa 2022”
LA UNION – The general election in 2022 may be the most serious and important in recent Philippine history, especially because of the problems the country is facing brought about by the pandemic, Sen. Panfilo M. Lacson said.
In a chat with local media here, Lacson said Filipinos must think wisely and consider the current problems and issues carefully in selecting the next leaders who will address the humongous problems facing the nation.
“This is serious, very serious especially because of the pandemic. I think the decision we will make in 2022 is the most serious and important decision we all have to make and we should really think carefully,” he said.
“My hope and prayer is that the campaign leading to the May 2022 polls will be a campaign of issues, and not a campaign of entertainment,” he added.
Basahin sa TAGALOG: Ping: Pandemya Magtatala ng Pinakaseryoso, Pinakamahalagang Halalan sa 2022
Continue reading “Lacson: Pandemic Makes 2022 Election the Most Serious One in PH History”
Sailing into the sea is the easiest decision to make. Not knowing how rough the water is the dangerous part. Measuring one’s skills in steering the boat is a big responsibility especially when people’s lives depend on it. Best to think long and hard. It is not a game or a joke.
This applies to everyone, actually. Consider the following:
* Outstanding national debt of P10.774 trillion as of March 2021, ballooning to P10.991 trillion as of April 2021
* 3.44 million Filipinos out of jobs as of March 2021
* Shortfall in revenue collections, with revenues at P2.84 trillion already including non-tax revenues like dividends, fees, etc., compared to the original target of P3.25 trillion, based on the Development Budget Coordination Committee’s 2019 projections for the 2020 General Appropriations Act.
Then there’s the continued uncertainty of the pandemic situation in the country and the whole world, not to mention a whole lot of other problems that will confront the next administration like the West Philippine Sea, illegal drugs, corruption and even issues surrounding the Bangsamoro Autonomous Region in Muslim Mindanao, and God knows what else.
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Utang dito, utang doon, pero ano ang kinahinatnan ng perang inutang?
Ito ang tanong ni Senador Panfilo Lacson kasabay ng pagsasabing maaaring kailangang manghiram ang pamahalaan para manatiling nakatayo ang ekonomiya ng bansa, pero dapat na nakikita ang kaakibat na resulta ng sangkaterbang salapi na inuutang.
Ang mga serye ng pangungutang ng pamahalaan ay lalong natambad kay Lacson nang una siya naging senador noong 2001.
“When I first became a senator in 2001, our national government’s outstanding debt was P2.88 trillion. Over the Arroyo, Aquino and Duterte administrations, it has ballooned to P10.027 trillion as of October this year, from P8.2 trillion at end-2019,” banggit ng mambabatas sa panayam ng Radyo 5.
Related: Sad Reality: Lacson Scores Government Penchant for Borrowing
Continue reading “Ping: ‘Nakahiligang’ Pangungutang ng Gobyerno, Saan Napupunta ang Pondo?”
Sen. Panfilo M. Lacson on Tuesday scored the government’s penchant for borrowing, but not always with the corresponding results.
Lacson said that while borrowing may be necessary for the economy, the Philippine government has yet to show results of the trillions of pesos it has borrowed over the years.
“When I first became a senator in 2001, our national government’s outstanding debt was P2.88 trillion. Over the Arroyo, Aquino and Duterte administrations, it has ballooned to P10.027 trillion as of October this year, from P8.2 trillion at end-2019,” he said in an interview on Radyo 5.
Related: Ping: ‘Nakahiligang’ Pangungutang ng Gobyerno, Saan Napupunta ang Pondo?
Continue reading “Sad Reality: Lacson Scores Government Penchant for Borrowing”
In an interview on DZXL, Sen. Lacson answered questions on:
* How Anti-Terror Law could have prevented Jolo blasts
* National debt
* Suggestions to strengthen PhilHealth
QUOTES and NOTES:
Continue reading “#PINGterview: What’s Next for PhilHealth?”
Mga nakikinabang lang sa pork barrel ang magiging masaya at mataba sa pagpasok ng taong 2019, na tinaguriang Year of the Pig.
Ito ang nilalaman ng mensahe ni Senador Panfilo Lacson sa kanyang Twitter account, matapos unang ibunyag na umaabot na sa P71,000 ang utang ng bawa’t Pinoy.
“2019: Year of the Earth Pig. Brace yourselves for more pork,” saad ni Lacson sa kanyang Twitter post.
Related: Lacson: Filipinos P71,000 in Debt as They Face the Year of the Earth Pig
Continue reading “Ping: P71K Na ang Utang ng Bawa’t Pinoy sa Year of the Pig, Lumobo Dahil sa Pork!”
The coming year may be a happy one only for those who continue to benefit from the pork barrel system – and a burdensome one for the rest of the Filipinos.
Sen. Panfilo M. Lacson said every Filipino, even those born just now, is already saddled with a whopping P71,000 debt, no thanks largely to the corrupt pork barrel system.
“2019: Year of the Earth Pig. Brace yourselves for more pork,” Lacson said in a post on his Twitter account.
Related: Ping: P71K Na ang Utang ng Bawa’t Pinoy sa Year of the Pig, Lumobo Dahil sa Pork!
Continue reading “Lacson: Filipinos P71,000 in Debt as They Face the Year of the Earth Pig”
