Why Are Candidates Silent About Debt and Deficit?

MANILA — The state of public coffers as an electoral agenda in the coming May polls is not getting the national attention it rightfully deserves. Except for a recent statement by Liberal Party standard bearer Noynoy Aquino that he wold not impose new taxes and raise existing ones if elected, presidentiables have not touched the crucial issues of the burgeoning budget deficit and mounting debt that government faces. Vows to curb graft and corruption, meanwhile, are statements too general to pass as a concrete platform in terms of protecting and raising public revenues. Continue reading