Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
DOF chief Dominguez: “We realize that this is not enough. But this is what we can afford, as of this time” (Eagle News) – President Rodrigo Duterte has approved the recommendation of the Department of Finance to provide P200 additional subsidy per family per month for 12 million low-income households in the Philippines, or a total of P33.1 billion. Malacanang said this on Wednesday, March 16, as the DOF pressed for more benefits to be […]
(Eagle News) — Presidential Spokesperson Harry Roque on Thursday, June 29, said Labor Secretary Silvestre Bello III’s proposal to give minimum wage earners P200 over a three-month period should be studied. Even then, Roque already showed he was cool to the idea, noting what he said would be the need for higher taxes for the proposal to push through. “Pero kung magbibigay na naman tayo ng benepisyo, ibig sabihin saan natin kukunin ‘yung ibibigay natin […]
(Eagle News) – The Department of Social Welfare and Development has started distributing the P2,400 per year subsidy to millions of poor families in the country who were affected by the implementation of the Tax Reform Acceleration and Inclusion (TRAIN) program. The unconditional cash transfer (UCT) funds of P200 per month or P2,400 yearly subsidy was first given to 1.8 million households who are already holding cash cards under the UCT or the Pantawid […]
WASHINGTON, United States (AFP) — A threat by President Donald Trump to eliminate a crucial subsidy for Obamacare would sharply force up insurance costs and expand the United States deficit, an independent government study said Tuesday. The Congressional Budget Office said Trump’s threat to kill his predecessor’s popular health care program by eliminating the government’s funding of “cost-sharing reductions” (CSR) for low-income Americans would force insurers to jack up premium prices by 20 percent to […]
(Eagle News) — President Rodrigo Duterte has signed the free tuition act providing tuition subsidies to state universities and colleges, local universities, and state-run technical vocational schools. “If there’s a will, there’s a way,” Senior deputy executive secretary Menardo Guevarra said on Friday. According to Guevarra, prior to the signing of the Universal Access to Quality Tertiary Education bill, there had been “a lot of discussions about it because of its heavy budgetary implications.” The […]
