House leaders file P1.5T stimulus bill for infrastructure
House leaders have filed a P1.5-trillion stimulus bill focused on infrastructure spending to counter job losses and economic slowdown due to COVID-19.
The bill, known as the COVID-19 Unemployment Reduction Economic Stimulus (CURES) Act, aims to fund health, education, agriculture, local roads, and livelihood projects over three years.
Speaker Alan Peter Cayetano and eight other lawmakers authored the bill on Monday, May 11.
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