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Subsidies, fuel tax suspension would have increased gov't debt — DOF

The Philippine government’s running debt stock would have ballooned to P15.4 trillion by the end of this year had the Duterte administration yielded to proposals such as spending more on pandemic relief and suspending the fuel excise tax, according to the Department of Finance (DOF).
Quezon City Gil Beltran Department Of Finance Tax Incentives For Enterprises Bayanihan Laws Republic Act

Fiscal discipline lowers debt by P2.2 T

The Department of Finance (DOF) estimated that the national governmentโ€™s debt could have been P2.2 trillion more had President Duterte supported the revenue-eroding proposals in Congress at the height of the pandemic. In a statement, Finance Chief Economist Gil S. Beltran said that total debt wo
Quezon City Gils Beltran Department Of Finance Tax Incentives For Enterprises President Duterte Finance Chief Economist Gil
Source: mb.com.ph

18th Congress 'most productive' amid pandemic: Romualdez

MANILA-The House of Representatives has approved about 1,600 measures on the third reading since the start of the 18th Congress, Majority Leader Martin Romualdez said on Wednesday. During his speech before the sine die adjournment, Romualdez commended his fellow legislators and House employees who worked "beyond the call of duty in order to make the 18th Congress one of the most productive ever," especially amid the pandemic. He said out of the 1,600 bills, more than 300 had been enact...
Quezon City Martin Romualdez Department Of Budget Majority Leader Martin Romualdez Republic Act One Act

THIS WEEK: "Across the Universe Hop" will be featured during DADA First Friday Gallery Hop June 3 | Entertainment

GALLERY HOP FUN: The artists of the Winston-Salem “Downtown Arts District Association” will present “Across the Universe Hop” for the DADA First Friday Gallery Hop series from 7 p.m. to
Alton Rumfelt Winston Salem Downtown Arts District Association Arts District Friday Gallery Hop North Trade Artworks Gallery

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Yale Law Journal - The Constitutionality of Civil Forfeiture

Many state and federal statutes provide that when property is used in certain prohibited ways, ownership of the property passes to the government. Often, the statutes allow these forfeitures to be declared in civil proceedings against the property itself, without the normal safeguards of the criminal process. Indeed, if no one claims the property after proper notice, the governmentโ€™s assertion of ownership can become incontestable without any judicial proceedings at all. Statutes authori...
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