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NewsTranscript
00:00 Some members of the minority voted for the second zone of the President,
00:05 even though they cannot verify the data provided in Talumpati.
00:10 This is what Sandra Aguinaldo live reported.
00:13 Sandra?
00:14 Yes, Mel. Some lawmakers said that they were disappointed with what President Marcos said about his zone.
00:23 One of them is Minority Leader Poco Pimentel who said that President Marcos should not pass the Congress
00:33 on the Maharlika Investment Fund because it is not considered an achievement.
00:38 He also said that the President's data on the number of employees is not reliable.
00:44 He was also supported by Opposition Senator Riza Ontiveros.
00:48 The President's data on the number of employees is too high and it seems that he forgot that many have jobs but the salary is low.
00:58 ACT Teacher Party Leader Representative Franz Castro said that the President's decision is one of the most expected to be heard by the masses.
01:08 The Maharlika Investment Fund should not be big because for all we know, the seed capital came from assets of government banks.
01:18 Let's remember that assets equals liability plus capital.
01:22 They could be liabilities, they could be deposit liabilities, it's a debt.
01:26 And I think Congress knows it. When it was first mentioned, there was no applause, no spontaneous applause.
01:34 Their employment percentages and underemployment percentages are overstated.
01:42 That is understated. I was taking notes when they said that our employment is 98 plus percent or 97 percent.
01:52 But I was reminded after Minority Leader Sen. Poco Pimentel, if the employment is 95 percent in an economy, that is full employment.
02:01 There is no mention of raising the salary. This is what is shown in the second survey, the priority of our citizens.
02:13 Mel, after the President's speech, there are still lawmakers who are here in Batasan Pambasa until about 7 p.m.
02:22 But now, many of them have left. That is the last report from here, Mel.
02:28 Thank you very much, Sandra Aguinaldo.
02:32 Good news, Kapuso! You can watch 24/7 and other news on our YouTube channel.
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02:52 (Music)