Bicam meets to reconcile conflicting provisions in 2014 budget

House of Representatives and Senate of the Philippines. INQUIRER.net and INQUIRER FILE PHOTOS

MANILA, Philippines – The congressional bicameral conference committee met  on  Tuesday  to  reconcile the conflicting provisions in the  proposed  2014 national budget.

The  House  of Representatives  approved the P2.268 trillion budget proposal of Malacanang while  the Senate passed its own version of the  budget bill, which  was P3.2 billion lower than  the House version.

The  P3.2 billion cut in the Senate  version represents the P200 million Priority Development Assistance Fund (PDAF) each of  the 15 senators who gave up their allocation next year for a total of P3 billion  while the P200M   represents the  PDAF of Vice President Jejomar Binay’s office,  which  he also decided to forgo.

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