by Nick Delgado
Guam - Vice-Speaker B.J. Cruz sent a letter this morning to Congresswoman Madeleine Bordallo requesting that she urge the Department of Defense to support a favorable ruling by the Department of Homeland Security that would ease restrictions on visas for visitors from China and Russia. Cruz wrote, "The 'steady state' of Guam's economy from 2017 on, as stated in the Draft Environmental Impact Statement, will be a period of increased inflation, higher wage rates, and visitor industry market loss due to buildup activities.
"This impact must be adequately addressed and mitigated. This can be accomplished, in part, through the diversification of our visitor industry source markets."
The vice-speaker adds that securing a diverse visitor profile could yield a projected $132.3 million for the local economy from China alone, just when it is most needed.