Supalpal si Lord! Cayetano regains lead in speakership race as Duterte revives term sharing deal
Taguig Rep. Alan Peter Cayetano has become the candidate to beat in the speakership race overnight after President Rodrigo Duterte revived the proposal for term sharing.
Politiko learned that Duterte suggested once again that Cayetano and Marinduque Rep. Lord Allan Jay Velasco share the term of Speaker under the so called “Magellan formula” during the Cabinet meeting Monday (July 1).
A source told Politiko that Duterte was firm during the Cabinet meeting about following the term sharing deal to put an end to the race for the top post in the House of Representatives.
Politiko’s source said the President issued an ultimatum to Velasco: He can accept the term sharing deal with Cayetano or he can say goodbye to his dream of becoming Speaker.
Under the “Magellan formula,” Cayetano will serve as Speaker for the first 15 months of the 18th Congress. He will be followed by Velasco, who will hold the post in the remaining 21 months of Duterte’s term.
Cayetano earlier said he agreed to share the term of Speaker in accordance with Duterte’s wishes. Velasco, however, has been firm that there should only be one Speaker for the entirety of the 18th Congress.
It remains to be seen how Duterte’s children will react to his “take it or leave it” stance on term sharing, since they’re both averse to Cayetano.
Davao City Mayor Sara Duterte has bared Cayetano’s alleged “veiled threat” to her against supporting Velasco’s speakership bid, while Congressman Paolo Duterte has slammed the Taguig representative for his alleged underhanded tactics in the race.
With Duterte insisting on a term sharing deal, can Velasco still afford to say no?