Government faces $48-million loss in revenue

February 8, 2018 Nestor Licanto

The government is facing a 48-million dollar loss in revenue as a result of the recent Trump tax reforms.  And the impact to GovGuam says acting BBMR director Lester Carlson, “Absent some immediate action to replace some of those lost revenues there's gonna be a lot of pain with respect to personnel.” In other words, layoffs.  But make no mistake, Carlson says cutting classified employees or reducing work hours is the worst case scenario- and civil service rules...

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Government faces $48-million loss in revenue
Government faces $48-million loss in revenue

The government is facing a 48-million dollar loss in revenue as a result of the recent Trump tax reforms.  ...