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NewsTranscript
00:00The Bicameral Conference Committee formed a technical working group to unify the versions of the Senate and the House of Representatives for the 2025 national budget.
00:09Yesterday, the Senate and House of Representatives, Senate President Chis Escudero and House Speaker Martin Romualdez, joined forces.
00:17Despite the discussions of the Bicameral Conference Committee, the budget of the Office of the Vice President was reduced.
00:23The Senate also withdrew its support for the Capos Earnings Program or ACAP, which is included in the version of the House of Representatives.
00:30It is expected that the Bicameral Conference Committee will discuss the 2025 budget on December 9.
00:35Escudero assured that they will submit to the President the proposed budget before the Christmas break of the Congress.