Hafa Adai! Governor Calvo was interviewed by PNC News about his promise to veto the irresponsible and empty promise-filled budget passed yesterday by the Legislative majority.  You can view the interview by clicking HERE.   The Governor repeated his concerns that the budget as passed is bad for taxpayers, government workers, and retirees....

  The Department of Revenue and Taxation has completed its review of the $6 million in tax refunds that Governor Eddie Baza Calvo ordered to be released.  DRT Deputy Director Marie Benito reports that 2,500 checks will be mailed on Friday.  These checks will cover Status A returns filed by March 28. Yesterday afternoon, Governor Calvo...

  SESSION UPDATE #4: Calvo Makes One More Plea for Democrat Senators to Be Reasonable Discussion on the revised FY2014 budget has been occurring throughout this morning down party lines. Every question and objection raised by Republican senators is being voted down. Senators are scheduled to return back to session, where they will discuss...

    Governor Calvo will not use a line of credit to pay for government operations. The last time this was done, Standard & Poors placed GovGuam on CreditWatch. CreditWatch can mean, among other things, that our ratings will be downgraded, and our interest rates will increase. We have fought so hard to improve the government's credit...

Governor Calvo earlier this year asked senators to save the funding needed for phased-in implementation of the Hay pay raises for GovGuam employees. He said the former 2-percent reserve is a viable and sustainable funding source, making the Hay raises realistic for the very first time. To be clear, the Governor supports a fiscally-responsible...

  “If we go down this road, we'll be right back to where we were just two years ago. How do some of the senators think we got into a deficit to begin with? It was through budgeting imaginary revenues just so government could make empty promises to people for political purposes. Our promise to phase in the Hay and increase the COLA is backed...

“This Friday, $6 million in refund checks will be mailed out.  This will help our struggling families for sure.  And again — I want to let every person on Guam know this administration will do everything we can to give you the money that you deserve: your tax refunds.” — Governor Eddie Baza Calvo   Tax refunds to be mailed Friday Governor...

Tax Refund Payments at Highest Levels in History Calvo wants Legislature to budget for Hay raises   A recently-completed report shows the average annual payout of tax refunds (without bond funding) for the previous four years was only $57.9 million. That pales in comparison to what has been paid already for this fiscal year for tax refunds:...

Tax Refund Payments at Highest Levels in History Calvo wants Legislature to budget for Hay raises   A recently-completed report shows the average annual payout of tax refunds (without bond funding) for the previous four years was only $57.9 million. That pales in comparison to what has been paid already for this fiscal year for tax refunds:...