Lawmakers push P420-billion Bayanihan 3

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MANILA, Philippines — Reeling from public criticism of lawmakers’ desire to tinker with the Constitution, there is now an emerging consensus in the House of Representatives to pass a third

big-time economic stimulus package to shore up the economy from its worst recession since World War II.

Velasco and Marikina Rep. Stella Luz Quimbo have filed House Bill No. 8628, or the P420 billion Bayanihan to Arise As One Act, also called Bayanihan 3. Lawmakers have been looking at another law since November last year with Quimbo proposing a P400 billion package while Majority Leader Martin Romualdez, Albay Rep. Joey Salceda and AAMBIS-OWA Rep. Sharon Garin seeking a P247 billion package.

 

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