REPRESENTATIVE Froilan C. Tenorio yesterday questioned acting Gov. Eloy S. Inos to œdo something about the CNMI economic situation right now and reduce the funding levels set by the budget.
According to Tenorio, Covenant-Saipan, œWe cant continue to watch this revenue go down. The administration has to do something about it.
Tenorio said lawmakers can also do something about the governments worsening financial crisis.
œWe can introduce a revised appropriation bill to reduce the budget, he added. But hes not sure the Senate will agree to it.
The FY 2011 budget, or Public Law 17-21, projected $132 million in collections, but the administration has already admitted that this figure will not be met despite the implementation of the 16-hour cut and delayed payrolls.
Tenorio, a former governor, said the funding levels need to be revised.
œTo me, the only option for the administration is to start laying off employees. Either that or we allow a casino on Saipan, he added.
Tenorio, who stepped down from the speakership last week, said although he does not want to join any of the House committees, he want to get involved with Ways and Means so he can focus on budget issues.
Ways and Means Committee Chairman Ramon S. Basa, Covenant-Saipan, said Tenorio is welcome to participate in their meetings.
œI would like the former speaker to unofficially become a member of the committee, he said adding that Tenorios œnumber one agenda is the economy.
œAnd that is what we need. My committees main focus is to look for revenue-generating means, Basa said.
He also said that he values Tenorios experience in the government and the private sector.
œHe will bring to the table a lot of excellent thoughts. So I welcome his participation, he said.
New Speaker Eli D. Cabrera, R-Saipan, said he has already reserved his former slot on Ways and Means for Tenorio.
Article source: http://www.mvariety.com/2011012033646/local-news/budget-projections-should-be-reduced.php
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