Rappler
Gatchalian: Senate working on tight schedule to pass 2026 budget
Senator Sherwin Gatchalian anticipates the 2026 national budget, valued at P6.792 trillion, will be signed by President Ferdinand "Bongbong" Marcos Jr. on December 29, 2025.
The Senate is working on a tight schedule to pass its version of the budget on third and final reading by Tuesday, December 9.
Bicameral conference committee meetings are tentatively scheduled to start on December 11, after the Senate passes its version of the proposed budget.
Gatchalian hopes to have the bicameral report signed by December 16, with the target signing of the spending plan into law by December 29.
If President Marcos Jr. does not sign the 2026 budget into law by the end of December, the current 2025 spending plan will be re-enacted.
Apart from assuring the public that meetings will be livestreamed, Gatchalian also said they will be uploading all pertinent documents related to the budget.
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President Ferdinand "Bongbong" Marcos Jr. wants Congress to expedite the passage of the 2026 national budget to avoid a reenacted spending plan.
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Senate leaders are committed to passing the 2026 national budget before the year ends to avoid a reenacted budget.
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Senate President Pro Tempore Panfilo "Ping" Lacson assured transparency in the Senate's version of the 2026 national budget, approved on second reading, with all amendments reflected on a transparency portal.
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The Senate approved the P27.35 billion budget for the Office of the President (OP) for fiscal year 2026.
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