I want New Orleans and the new administration to be successful. When a municipality is consistently unstable, that’s when it attracts the attention of the Fiscal Administration Committee. We don’t enjoy having to put municipalities in a fiscal administration and we want to end that process as soon as the municipality is stable. My hope is that Mayor-elect Moreno, her administration, and members of the City Council work towards a budget that is transparent to the taxpayers of New Orleans. Right n

President Ferdinand R. Marcos Jr. signs the General Appropriations Act (GAA) for the Fiscal Year (FY) 2026 during a ceremony at Malacañan Palace on January 5, 2026. Enacted as Republic Act (R.A.) No. 12314, the National Budget of Php6.793 trillion reflects the Administration’s commitment to fiscal discipline, integrity and inclusive growth. After a thorough review by the Executive Branch, the Law will ensure that budget allocations align with national priorities and focus on public needs, while