02/09/2025
Haduy, wala na ngang trabaho, nagka-utang pa😂
Committee of Finance Chair Senator Sherwin Gatchalian says because of the country's debt, every Filipino now owes P142,000.
Gatchalian: "If we don’t manage debt, the Marcos administration will end its term by accumulating the highest debt accumulation out of all administrations."
Recto replies, "You can look at the debt to GDP or savings to GDP...one man’s liability is another man’s asset. So 70% of our debt that we owe to ourselves is actually an asset of Filipinos. It is your pension funds, it is invested by GSIS, invested by SSS...PhilHealth." | via Victoria Tulad, ABS-CBN News
