Lacson Senators made P100B budget insertions

Unpacking the Lacson Report A Guide for Web3 Enthusiasts

As enthusiasts of web3 technology, we are no strangers to controversy and debate in the realms of finance and governance. The recent report by Senate President Pro Tempore Panfilo Lacson on budget insertions has sparked a heated discussion, and it is essential that we stay informed about its implications for our community.

In this blog post, we will break down the key points from Lacson's report and explore what they mean for us.

Understanding the Scope of the Problem

According to Lacson, nearly all senators in the 19th Congress inserted at least P100 billion worth of items into the 2025 General Appropriations Act. This staggering amount is equivalent to hundreds of millions of dollars and is roughly the same as the total budget for infrastructure projects in the Department of Public Works and Highways (DPWH) alone.

Individual Insertions vs. Prioritization

Lacson highlighted that these insertions were individual, although they were eventually held for later release. This raises concerns about prioritization and transparency in the budget process. When individual senators have significant amounts to allocate, it is essential to ensure that these funds are being used for the greater good.

The Risk of Corruption

The report also highlights the risk of corruption associated with unprogrammed appropriations. Lacson expressed concern that the withheld or diverted funds could have gone to infrastructure projects that were planned and vetted at the local level. This underscores the importance of transparency in government spending and the need for robust auditing mechanisms.

Implications for Infrastructure Projects

The Lacson report has significant implications for infrastructure projects, particularly those funded by the DPWH. With individual senators inserting massive amounts into the budget, there is a risk that critical infrastructure projects might be overlooked or underfunded. This could have far-reaching consequences for our community and the economy as a whole.

A Call to Action

Lacson emphasized the need for self-restraint in inserting appropriations for locally funded infrastructure projects. He appealed to fellow lawmakers to prioritize transparency and accountability, ensuring that funds are being used effectively and efficiently. As Web3 enthusiasts, we should echo this call, advocating for greater transparency and accountability in government spending.

Conclusion and Call-to-Action

In conclusion, the Lacson report highlights the need for greater transparency and accountability in government spending. As Web3 enthusiasts, we should be concerned about the implications of these budget insertions on our community and the economy. To address this issue, we must

Encourage lawmakers to prioritize transparency and self-restraint in inserting appropriations
Advocate for robust auditing mechanisms to prevent corruption
Support initiatives that promote accountability and effective use of government funds

Let us join forces to create a more transparent and accountable system. Together, we can make a positive impact on our community and the world.

Keywords* Lacson report, budget insertions, transparency, accountability, infrastructure projects, corruption, self-restraint

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.