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{
    "id": 1441187,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1441187/?format=api",
    "text_counter": 263,
    "type": "speech",
    "speaker_name": "Kabondo Kasipul, ODM",
    "speaker_title": "Hon. Eve Obara",
    "speaker": null,
    "content": " Thank you very much, Hon. Speaker, for giving me an opportunity to also add my voice to this debate. On behalf of the people of Kabondo Kasipul Constituency and all the concerned Kenyans who sent me their messages, I reject the Bill. I listened to the Chairperson of the Budget and Appropriations Committee, Hon. Ndindi Nyoro giving a raft of areas that will be affected by budget cuts in case we do not approve this Bill. As he explains to the people on why he recommends budget cuts, he also needs to explain how much was raised from taxes, foreign and local loans borrowed, housing levy receipts and how much was disbursed to the Hustler Fund. I have also heard talks about Generation Z. We have missed the point. This is not about the Finance Bill we are discussing here. I believe this is a reaction of the frustrations the people of Kenya are having because of the high cost of living, loss of jobs and drastic reduction of their disposal income because of taxes. We need to give them hope. Going back to today’s discussion on the Finance Bill, I have noted that the Committee met several industry players. If we are honest, many of them rejected the Bill, with reasons. The Committee has attempted to make amendments which we have seen. But I believe it is not enough because there is still a budget gap of Ksh76 billion. The recommendations they have given to bridge this gap are insufficient. They may also have a ripple effect on the people of Kenya. This is because increasing the cost of Fuel Maintenance Levy will only…"
}