Sunday, September 16, 2012

PHILSTAR: - Two congressmen questioned yesterday the administration's decision to give P70 billion in fresh taxpayers' subsidy next year to GOCCs. During the House plenary debates on the proposed P2-trillion 2013 national budget, Reps Carlos Padilla of N. Vizcaya and Rufus Rodriguez of CDO said most of the recipients of additional capital are losing companies that should be collapsed.

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