Reenacted budget seen in 2021

A REENACTED budget is expected for 2021 because it is already impossible to approve the budget bill before the year ends, Senator Panfilo Lacson said Wednesday, October 7, 2020.

“Maski anong magic na ang gawin namin, siguradong reenacted na ‘yang budget. Hindi ko na nakikita na magkakaroon tayo ng bagong budget na maaapprove before matapos ang taon na ito,” Lacson said in an online press conf er ence.

Based on the budgeting process, the budget bill is first discussed at the House of Representatives, initially through the committee on appropriations and later in the pl enar y.

The Senate may deliberate on the national budget in plenary after the House approves it on third and final reading.

The budget bill, House Bill No. 7727, was approved on second reading on Tuesday, October 6, after Speaker Alan Peter Cayetano moved to terminate plenary debates.

The House then declared a break more than a week ahead of its approved schedule.

A committee led by Majority Leader Martin Romualdez will accept and deliberate on proposed committee and individual amendments to the bill until November

5. The same committee may then terminate the period of amendments.

The House will resume session at 3 p.m. on November 16, 2020.

Lacson earlier said it will take a week to print the budget bill before it could be transmitted to the Senate.

"Take note that they have to print the documents prior to transmittal to the Senate," Lacson sai d.

Deputy Speaker Boyet Gonzales, one of Cayetano's allies, said it will take three weeks to print the budget bill.

Senate Pro Tempore Ralph Recto said the Senate needs about two weeks to discuss and finalize their version of the budget bill.

“The Senate traditionally holds morning to midnight debates for two weeks on the general appropriations act. That will still be observed this year. There will be no reenacted budget but a revamped budget is a certainty,” Recto said.

Assuming that both chambers of Congress have already passed the budget by December, they will still need to convene in a bicameral conference committee to reconcile their versions of the budget bill.

The law states that after both houses have given final approval to a bill, 11