Sen. Chiz Escudero said last week that anyone candidate who spends more than P600 million in the presidential election in 2010 will be violating the law.
He reiterated, he does not intend to spend more than what is stated in the law should he decides to run for president in 2010.
"The law says one can spend only P10 per voter. If there are 40 million voters, then one needs P400 million. The party can contribute another P200 million. Thus, spending beyond that would be a violation," he stressed during the ANC Leadership Forum last week.
Time for Youth to Take Charge of Country Sen. Chiz Escudero last week said it is time for the youth to take charge of government so it can lead in the transformation of the Philippines.
"Like the generations before us, today’s youth must accept the challenge of slaying the monsters of corruption, poverty, and injustice that have terrorized us for so long," he said in a statement issued during last week ANC Leadership Forum.
The 39-year old lawyer-politician said his "critics have harped on his being the youngest presidentiable to dismiss a possible bid in the 2010 elections."
"The youth have proven themselves capable since the founding of the First Republic. We will listen to the counsel of our elders as we embark on this difficult journey to change this nation," Escudero said.
He considers his youth as his main strength since most of the voters in the coming polls belong to the 18-40 age bracket.
Organized by the ABS-CBN News Channel and the Ateneo School of Government, the event featured one-on-one interviews and an open forum that guested Escudero and four other presidentiables.
Chiz Backs Probe Into Corruption Allegations Vs Arroyo Sen. Chiz Escudero said he will support an investigation into the corruption allegations against President Gloria Macapagal Arroyo and her family if he became president.
"When I was minority leader in the House of Representatives, we tried twice to hold President Arroyo accountable for allegations raised in the impeachment complaints," he said during the ANC Leadership Forum last Monday, May 11.
"My position then was the people must know the truth and that the wheels of justice should spare no one, not even the President," said Escudero who was among five presidentiables who accepted the invitation to the forum.
The 39-year old lawyer-politician, a member of the Nationalist People’s Coalition (NPC), has said he will announce his decision to run for the presidency when he turns 40 on October 10.
Asked what he thought was Arroyo’s positive contribution to the country, Escudero described her as "a negative example for she aroused the people’s love of country because of the flagrant violations of the law and the abuses of her administration".
"She has so angered Filipinos that they are now seriously looking at whom to choose as our next leader, and to actively participate in the coming elections," he added.
Escudero has surged in ratings in the latest Social Weather Station and Pulse Asia surveys, securing a virtual tie for the top spot with Vice President Noli de Castro, Sen. Manny Villar, and Sen. Loren Legarda. /MP
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