Romualdez defends House decision to strip Sara of confidential funds

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Romualdez defends House decision to strip Sara of confidential funds
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House Speaker Martin Romualdez has denied any form of politicking in the lower chamber's decision to realign the confidential and intelligence funds sought by Vice President Sara Duterte's two agencies.

Defending the House's decision to transfer the P650 million in confidential and intelligence funds of the Office of the Vice President and the Department of Education combined, Romualdez said that he believes there is "too much speculation" over the move.

Romualdez insisted during the press conference that the removal of the CIFs from the budget had followed regular congressional deliberations. In defending the realignment, Romualdez downplayed the perceived political rivalry between him and Duterte."We felt that it was the right thing to do," Romualdez said.

"But we feel that based on the earlier debates and hearings and all the questions that are brought about, we wanted to be very sensitive and to look at other ways on how to deploy these budget resources," Romualdez said. Inflation for rice posted its fastest increase in 14 years, even as the government imposed caps on regular milled and well-milled...

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