Bond might be back - KUAM.com-KUAM News: On Air. Online. On Demand.

Bond might be back

Posted: Updated:

by Sabrina Salas Matanane

Guam - Governor Eddie Calvo has learned that Republican Senator Chris Duenas plans to introduce an amendment to substitute Bill 145. The new version of the Governor's budget bill scrapped Governor Calvo proposal to borrow more than $300 million that would go to paying off past due tax refunds. Committee Chair on Appropriations Senator Ben Pangelinan has repeatedly said the Governor's bond proposal was cut from the bill because the Calvo Administration failed to provide specifics on the bond borrowing plan.
 
Upon learning that Sen. Duenas will introduce an amendment to place the tax refunds bond back in the budget bill Governor  Calvo reacted by issuing the following statement "I thank Sen. Duenas, Sen. Blas, the Republican minority and any other senator who may vote to give the people their tax refunds by Christmas. On behalf of those struggling and waiting for their tax refunds, I say to these senators, 'God bless you.'
 
Governor Calvo added "If the amendment passes, these senators will go down in history as the leaders who ended 20 years of the government diverting tax refunds from the people to pay for itself. God bless them.
 
"These senators are listening to you. They are standing up for you," Calvo concluded.

  • NEWS HEADLINESMore>>

  • USEPA gives $14 million to Guam

    USEPA gives $14 million to Guam

    USEPA gives $14 million to Guam. Guam’s EPA will receive $2.9 million and more than $11.8 million was allocated to the Guam Waterworks Authority (GWA) for water infrastructure projects. Projects include weekly monitoring Guam’s 44 contaminatedMore >>
    USEPA gives $14 million to Guam. Guam’s EPA will receive $2.9 million and more than $11.8 million was allocated to the Guam Waterworks Authority (GWA) for water infrastructure projects. Projects include weekly monitoring Guam’s 44 contaminatedMore >>
  • Third man arrested in connection to Tamuning road rage incident

    Third man arrested in connection to Tamuning road rage incident

    A third individual has been placed under arrest in connection to Saturday's road rage incident that started at a Tamuning intersection. 33-year-old Elton Masasai was arrested for attempted murder and aggravated assault, among other charges. Masasai's arreMore >>
    A third individual has been placed under arrest in connection to Saturday's road rage incident that started at a Tamuning intersection. 33-year-old Elton Masasai was arrested for attempted murder and aggravated assault, among other charges. Masasai's arreMore >>
  • Sasha Sun pleads guilty to harboring illegal aliens

    Sasha Sun pleads guilty to harboring illegal aliens

    A bar owner will be sentenced in federal court early next year. Sasha Sun pleaded guilty to Harboring Illegal Aliens. Though she entered the plea agreement with the feds last year, the files were under seal until recently. Court documents state she facesMore >>
    A bar owner will be sentenced in federal court early next year. Sasha Sun pleaded guilty to Harboring Illegal Aliens. Though she entered the plea agreement with the feds last year, the files were under seal until recently. Court documents state she faces More >>
Powered by Frankly