Speaker on dueling budgets: "Reckless or Responsible" - KUAM.com-KUAM News: On Air. Online. On Demand.

Speaker on dueling budgets: "Reckless or Responsible"

Posted: Jul 12, 2018 4:11 PM Updated:

Reckless or Responsible. That's how Speaker Benjamin J. Cruz describes the two dueling budgets he plans to present for the next fiscal year. Cruz says the "responsible" spending plan would be a balanced approach of cutting costs and raising revenue by increasing the business privilege tax to 5.5 percent.

The "reckless" plan says Cruz would be to simply cut approximately $145 million in spending, which he says will force the end of basic services in education, health, and safety.  In a statement, the Appropriations committee chairman said, "We have two options. We can make responsible choices knowing they're unpopular, or we can make popular choices knowing they're irresponsible."

Public hearings on the budget proposals are set for Thursday, July 19 at 2:00 and 6:00 p.m. Copies are available at www.ofbguam.org.

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