Pangelinan speaks before AGA on finances - KUAM.com-KUAM News: On Air. Online. On Demand.

Pangelinan speaks before AGA on finances

Posted: Updated:

by Michele Catahay

Guam - Senator Ben Pangelinan was at the Hyatt speaking before the Association of Government Accountants on the state of the Government of Guam finances as well as possible solutions to the cash shortfalls. The committee chair on appropriations criticized the Calvo Administration, saying the government's financial problems aren't as bad as they're making it seem.

"I don't think we should be pulling the panic button at this time, but we should face the realities that we see and find a way to deal with them," he explained.

Senator Pangelinan says the only three unfunded obligations he can think of that could contribute to the shortfall would be the $21 million needed for GovGuam's Health Insurance Plan, the $12 million for Mental Health's amended permanent injunction and an additional $2 million that went to pay out annual leave to outgoing unclassified employees from the previous administration.

In terms of what Pangelinan's solutions to deal with the budget shortfalls he believes the government should stick with the deficit reduction strategy contained in the current budget and be more efficient in collecting taxes.

  • NEWS HEADLINESMore>>

  • GCC, telecoms spearhead STEM program at Tiyan High

    GCC, telecoms spearhead STEM program at Tiyan High

    It's an effort to teach tech skills to our island's youth to start up Silicon Village. The Guam Community College, joined by island business leaders in Telecommunications, and the Guam Chamber of Commerce, launched GCC's newest Career and Technical EducatMore >>
    It's an effort to teach tech skills to our island's youth to start up Silicon Village. The Guam Community College, joined by island business leaders in Telecommunications, and the Guam Chamber of Commerce, launched GCC's newest Career and Technical EducatMore >>
  • Elderly man accused of molesting teen

    Elderly man accused of molesting teen

    A 77-year-old is behind bars accused of molesting a teen girl known to him. Doroteo Quintanilla Castro is charged with three counts of fourth degree criminal sexual conduct as a misdemeanor. Court documents detail the alleged incidents of him exposing himMore >>
    A 77-year-old is behind bars accused of molesting a teen girl known to him. Doroteo Quintanilla Castro is charged with three counts of fourth degree criminal sexual conduct as a misdemeanor. Court documents detail the alleged incidents of him exposing himMore >>
  • Archbishop addresses nearly 200 clergy sex abuse lawsuits

    Archbishop addresses nearly 200 clergy sex abuse lawsuits

    "We bear responsibility. We are culpable" - these words from Guam's Archbishop Michael Byrnes in his Message to the People of Christ. Last week, parties in the nearly 200 clergy sexual abuse lawsuits participated in mediation talks, but did not reach a glMore >>
    "We bear responsibility. We are culpable" - these words from Guam's Archbishop Michael Byrnes in his Message to the People of Christ. Last week, parties in the nearly 200 clergy sexual abuse lawsuits participated in mediation talks, but did not reach a glMore >>
Powered by Frankly