Calvo testifies on fiscal reform bill - KUAM.com-KUAM News: On Air. Online. On Demand.

Calvo testifies on fiscal reform bill

Posted: Updated:

by Sabrina Salas Matanane

Guam - It marked the first public hearing of the 31st Guam Legislature and the first to testify was Governor Eddie Calvo. I just felt it was so important for myself to embrace the Legislature that was my old stomping grounds. I went over there and visited with Senator [Judi] Guthertz and some of the other senators there and proceeded to make my testimony in support of Bill 3," he said.

The proposed legislation, introduced by Vice-Speaker B.J. Cruz, creates the Commission on Fiscal Responsibility and Reform, which would be required to propose specific recommendations to improve the government's fiscal outlook and to address the solvency of the Government of Guam Retirement Fund. Calvo testified that Bill 3 will address the short term cash problems and the long term financial situation.

Although it will take time, he said, with all of them working together the deficit can be worked down.

  • NEWS HEADLINESMore>>

  • Friends mourn Mangilao crash victim Ana Chargualaf

    Friends mourn Mangilao crash victim Ana Chargualaf

    Friday, March 22 2019 3:50 AM EDT2019-03-22 07:50:59 GMT
    The 67-year old woman who died in a three-car crash in Mangilao has been identified as Ana Chargualaf. Her death marks the fifth traffic-related fatality of the year. Seniors at the Mangilao Senior Citizen Center held a moment of silence early Friday mornMore >>
    The 67-year old woman who died in a three-car crash in Mangilao has been identified as Ana Chargualaf. Her death marks the fifth traffic-related fatality of the year. Seniors at the Mangilao Senior Citizen Center held a moment of silence early Friday mornMore >>
  • Guam ranked 5th in chlamydia rates

    Guam ranked 5th in chlamydia rates

    Thursday, March 21 2019 10:39 PM EDT2019-03-22 02:39:04 GMT
    The rates of sexually transmitted diseases on island are climbing. Last year, Guam ranked a startling 5th in the nation for Chlamydia.This week, representatives from the Department of Public Health traveled off island to a national conference to find soluMore >>
    The rates of sexually transmitted diseases on island are climbing. Last year, Guam ranked a startling 5th in the nation for Chlamydia.This week, representatives from the Department of Public Health traveled off island to a national conference to find soluMore >>
  • Former Guam residents return as marines for military exercise

    Former Guam residents return as marines for military exercise

    Thursday, March 21 2019 10:12 PM EDT2019-03-22 02:12:42 GMT
    A pair of Guam-bred Marines were back home for a brief visit, after taking part in the recent COPE North exercise involving more than two thousand troops from three countries. For Marines Benjamin Blas Jr. and Daelankris Alviz, the multinational Cope NortMore >>
    A pair of Guam-bred Marines were back home for a brief visit, after taking part in the recent COPE North exercise involving more than two thousand troops from three countries. For Marines Benjamin Blas Jr. and Daelankris Alviz, the multinational Cope NortMore >>
Powered by Frankly