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Governor Urges Washington Officials to Support Stimulus Package Resolution |
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Letter seeks support for more flexibility for territorial spending
January 29, 2009
Governor Felix P. Camacho joined the nation's territorial governors in seeking support for a resolution that will help ensure stimulus infrastructure funding for Guam and the territories will be immediately directed toward projects of the highest priority.
"I join the nation's governors in supporting the objectives of the American Recovery and Reinvestment Act of 2009 to stimulate private investment, create jobs and hasten recovery," Governor Camacho said. "This bill is critical to increasing federal support for healthcare and education mandates, especially as we work toward investing in infrastructure improvements, securing tax provisions to spur investment and ensuring transparency and accountability throughout our government."
In a letter written to key Washington D.C. officials, Governor Camacho emphasized the need for the American Recovery and Reinvestment Act of 2009 to include the mechanisms necessary for funding specialized needs of the territories.
"The effort undertaken by Congress should ensure that jobs are created while providing an incentive to businesses and families to reinvest in Guam and other territories," Governor Camacho said. "This measure will allow us to utilize these funds in areas of critical concern as we address the issues and challenges that are affecting the growth and sustainability of our island."
The American Recovery and Reinvestment Act of 2009 was passed by Congress today and is now under review by the U.S. Senate. It is expected to provide both states and territories with resources to open new job opportunities that will further enhance economic growth, investment and ensure transparency and accountability for taxpayers throughout the nation.
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