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Bond might be back

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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.

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