The coalition also continued into 1995, and was strengthened when Lakas and LDP officially formed Lakas–Laban Coalition.[8]
However, in 1998, after LDP and NPC supported Vice President Joseph Estrada's run for president, the coalition became defunct. During the election of 1998, De Venecia was Lakas' candidate to challenge Estrada.[9]
In 2003, after the failure of impeachment filing in the House against Chief JusticeHilario Davide, rumors were circulated that the coalition would be cease to exist due to the NPC being disappointed in the failed impeachment. [1] Additional rumors spread, asserting that there was a faction that was unhappy with De Venecia and would challenge his speakership.[1][14] NPC later promoted quitting the coalition for the 2004 elections,[15] and was rumored to be considering joining the opposition.[16]
After the coalition disbanded, Congressman Ace Barbers from Surigao del Norte's 1st district proposed the creation of a new coalition, the Dawn Coalition for the sole purpose of securing the speakership for De Venecia.[13]
After the 2016 elections, Rodrigo Duterte was elected as president, Pantaleon Alvarez, the soon to be Speaker of the House organized a coalition building similar to Rainbow Coalition, this time with PDP–Laban as the leading party of the coalition.[7]
Criticism
Ed Lingao, a former Philippine Center for Investigative Journalism personnel and TV5 News anchor opined on his segment News explainED that the formation of Rainbow Coalition caused the legislative branch, in 1992, to almost lose an opposition bloc. Additionally, he asserted that the coaltion did not have clear intentions or goals, and the characters of each political party "melted", and turned out to be all just the same.[18]