'One Big Beautiful Bill PH'

Business group urges Marcos to champion own version of Trump's sweeping legislation

- By DEXTER BARRO II

The country's oldest business group is urging President Ferdinand Marcos Jr. to advance his administration's entire agenda through a single bill, similar to the One Big Beautiful Bill recently signed into law by United States (US) President Donald Trump.

The Chamber of Commerce of the Philippine Islands (CCPI) acknowledged that Marcos has been "planting seeds" to realize the promises he made during the campaign trail and the first half of his six-year term.

However, CCPI president Jose Luis Yulo Jr. said the President's actions have been "too slow," highlighting the need for more immediate measures.

"We would like it to be faster. As a matter of fact, we would like the idea if he will follow Donald Trump, with the One Big Beautiful Bill," he told Manila Bulletin in an interview on July 11.

Trump signed the measure on July 4, which the White House described as "a once-in-a-generation piece of legislation." The law, which is at the core of Trump's second term agenda, features across-the-board tax cuts, enhanced defense funding, stricter immigration, and regulatory reforms, among others.