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{
    "id": 747127,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/747127/?format=api",
    "text_counter": 93,
    "type": "speech",
    "speaker_name": "Hon. Mulu",
    "speaker_title": "",
    "speaker": {
        "id": 1955,
        "legal_name": "Benson Makali Mulu",
        "slug": "benson-makali-mulu"
    },
    "content": "Thank you, Hon. Speaker. I just want to pick up the matter from where Hon. Limo has left. I think we need to understand some of these things we discuss here. I did say last week that the reason why Article 114 of the Constitution is very important is because in the budget-making, there is the side of the revenue generation and the side of expenditure and there are a number of micro-economic factors which inform both sides. So, any time you propose an amendment like from 50 percent to 35 or 5 per cent, it means in terms of revenue collection, you are actually reducing the revenue to be collected by the Government. Therefore, what are the options? The option is either the Government will borrow to meet that gap or it has to tax Kenyans more in another area. The challenge we have is when you propose such amendments and you do not say where the money will come from. That is why the National Treasury becomes important. I think it is important that the Departmental Committee on Finance, Planning and Trade looks at all these amendments in totality and tells us how you balance the budget. Otherwise, at the end of the day, we will increase the deficit and we are not going to help this country by doing partial amendments. I will go by what Hon. Limo has said. The Leader of the Majority Party, you can allow us to have proper discussion on this matter so that we balance the budget again. Otherwise, we are going to have an imbalanced budget. We will borrow more. We are all saying that the public debt is becoming an issue in this country. Let us not take these matters lightly. That is why we are leaders in this House. I beg to stop there."
}