Federalism could mean more taxes and more borrowings or both, Senator Francis "Kiko" Pangilinan said Wednesday as he stressed that charter change should not be rushed. During Senate public hearing on charter change, Pangilinan asked how much the creation of a federal government was going to cost the Filipino people. "About P55 billion is needed for salaries of new federal state elected officials, according to Dr. Rosario Manasan of PIDS (Search Results Philippine Institute for Development Studies). And the amount does not include the cost of new infrastructure," Pangilinan said in a statement. Pangilinan grilled President Rodrigo Duterte's Consultative Committee that was tasked ...
Keep on reading: Kiko Pangilinan: Federalism means more taxes, more debts
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