By Chyrel Macale Cariaga
Broadcast Journalist
The recent Commission on Audit (COA) report reveals that the House of Representatives holds a staggering P18.657 billion in cash, both on hand and in the bank as of 2023. Despite this substantial reserve, the budget for 2024 has been increased by P12.523 billion, followed by another increase of P17.325 billion for 2025. But none demanded fiscal responsibility and accountability among stakeholders such as elites, academic leaders, legal experts, and religious figures.
It is indeed perplexing that such a substantial reserve of cash exists, yet it seems to escape the rigorous scrutiny typically expected fm institutions of accountability. Where are the voices of those who claim to champion transparency and fiscal responsibility? Do they not see the implications of allowing such financial practices to continue unchecked?The juxtaposition of significant cash reserves against rising budgets prompts an examination of financial priorities within the government. With billions readily available, one must question why additional funds are necessary. Are these increases justified? Critics argue that such financial maneuvers reflect a lack of transparency and an irresponsible approach to public spending.
Furthermore, the apparent indifference from influential sectors—such as business leaders and academics—raises eyebrows regarding civic engagement in governance issues. Why are these groups not voicing concerns or demanding accountability? Their silence may indicate either complacency or a prioritization of personal interests over public welfare.
This alarming situation also reflects potential hypocrisy within various societal segments that typically advocate for responsible governance but remain silent amidst questionable financial practices. The disconnect between rhetoric and action calls into question the integrity of those who claim to represent ethical standards in society.
The significant cash reserves held by the House alongside increasing budgets reveals a rampant corruption and should be subject for scrutiny and debate for accountability. It is imperative for elites, legal professionals, business leaders, and religious figures to engage actively in discussions surrounding fiscal responsibility to ensure accountability from their government representatives.
