BBMR Director Lester Carlson ARP earning interest with Tony Lamorena

Written by Paul Charfauros on May 20, 2022

Bureau of Budget Management and Research Director claims that the millions in American Recue Plan funds held at the Bank of Guam DOES earn interest but not as much as people think.

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Paul Charfauros

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LATEST NEWS FROM PNC NEWS FIRST

Governor signs bill 24 into law – effective tomorrow March 31, 2023
“We’re going to sign this bill. We are going to effectuate the separability portion of this bill, and we are going to pay all unclassified and all classified,” said Governor Lou Leon Guerrero. Bill 24, or more commonly known as the General Pay Plan bill, was signed into law today. The GPP bill, introduced by […]
Don Sulat
Teen Allegedly Steals Car to Take It on a “Joyride”. March 31, 2023
Eighteen-year-old Kenoa Timothy Quidachay was arrested and charged with theft of an automobile and theft, after allegedly stealing a Toyota Rav4. On March 29, GPD officers responded to a car theft complaint at a residence in Tumon. The owner said the car had been stolen, after noticing the car was missing from the residence’s parking. […]
Khyomara Santana
Pacific Daily News Publishes its Last Print Edition March 31, 2023
PDN, one of the two newspapers on Guam, has been delivering print news to the people of Guam for decades. Informing on some of the biggest stories in the past, long before most people had access to tv. Today, the newspaper released its last publication during the morning. PDN will go fully digital from now […]
Khyomara Santana
Possible outages tonight March 30, 2023
Be ready for possible rotating outages from 6 to 9pm tonight. According to GPA, two of the island’s four baseload powerplants are offline. Piti 8 is offline due to scheduled maintenance and is expected to return to service tomorrow. Meanwhile, Cabras 2 went offline at around 11:25 last night due to emergency repairs to the […]
Pacific News Center
Override on Bill’s 12 and 13 fails – 9 to 6 split March 30, 2023
Lawmakers fail to override Governor Lou Leon Guerrero’s veto on bill’s 12 and 13. Despite both bills receiving 9 votes in favor of the override – under Guam law – the legislature would need two thirds or 10 votes to override the Governor’s veto. Those who voted in favor of the override were all six […]
Don Sulat
Time limit on Eagle’s Field lease originally 14 days March 29, 2023
The clock is ticking for Governor Lou Leon Guerrero to sign the lease to Eagle’s Field for her proposed medical complex. Recently, in a letter from Joint Region Marianas to Governor Leon Guerrero that was dated on March 15th, it showed that she had 30 days from that date to sign the lease for Eagle’s […]
Don Sulat
The Republican Caucus Aims to Get to the Bottom of the Fraudulent Amendment March 28, 2023
The legislature’s Republican Caucus held a press conference today to discuss Resolution 67-37, which aims to establish a Special Investigating Committee to look into the dissemination of a fraudulent amendment to bill 32-37 in an attempt to influence the legislature. The Committee would consist of three members of the majority and two members of the […]
Khyomara Santana
Crowne Plaza officially opens March 28, 2023
If you are looking for a weekend getaway, or a nice staycation well look no further. Regional General Manager, Thomas Mayrhofer, gave PNC the details about how the hotel and how they managed to push through with renovations despite the hardships of the Covid Pandemic. Starting back in 2019, what was once the Fiesta Hotel […]
Don Sulat

BBMR Director Lester Carlson ARP earning interest with Tony Lamorena

Written by Paul Charfauros on May 20, 2022

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Paul Charfauros

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BBMR Director Lester Carlson ARP earning interest with Tony Lamorena

Written by Paul Charfauros on May 20, 2022

Author

Paul Charfauros

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GPA General Manager John Benavente talks about increasing power rates with Tony Lamorena

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