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President Marcos said he is prepared to reject and even reenact the national budget if Congress insists on fund realignments that undermine his administration’s priorities.

In the third episode of his podcast released on Monday evening, Aug. 4, the President warned that some reallocations have led to the misuse of public funds and the scrapping of critical foreign-assisted projects.

READ: https://mb.com.ph/2025/08/04/embargo-sobra-na-marcos-slams-budget-tweaks-warns-of-reenacted-2026-budget

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Transcript
00:00But that's the process.
00:26The process is, the executive,
00:28the offices under the executive department
00:32make a budget request.
00:34It is then transmitted in the NEP
00:36to the Congress.
00:37Tapos susuriin na ngayon yan.
00:39Meron sasabihin, yung mga changes na ganoon.
00:42Ang tinutukoy niyo po yung mga lantarang insertion
00:44na tatanggalin dito, lilipat sa ganyan.
00:46O, yung pinakamalaking naging problema,
00:49yung foreign-assisted project,
00:52tinanggal halos lahat ng funding.
00:55Kailangan natin ibalik yun.
00:57Dahil importante yung mga foreign-assisted projects.
01:00At saka sinisira pati yan
01:01ang reputation natin.
01:03And the worst part of this all,
01:05yung napupunta,
01:07kung insin niyo mga project na hindi maganda,
01:10napupunta sa unappropriated.
01:13Ano yun?
01:15Utang yun.
01:16Nangungutang tayo para bangrakot itong mga ito.
01:21Sobra na yun.
01:23Sobra na yun.
01:24Secondly, I said there are two points related to this question, sir.
01:27Are you prepared to reenact a budget?
01:29Oh, yes.
01:29Hindi na ho siya responsive sa mga plano ng administrasyon ninyo.
01:32Well, yes.
01:33I'm willing to reenact the budget
01:37if that's what we have to do.
01:40Since I made it already,
01:42I made New Year's Day,
01:45the hard deadline,
01:48I'm sure we will find a way.
01:50I'm sure we will find a way.
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