BY FRANK CAMPILLO
In the past few weeks, we have witnessed the back and forth sparring sessions between the administration and the legislature on the issue of providing adequate funding to the Guam Memorial Hospital and expanding the sources for additional revenue to offset GovGuam’s expected financial shortfall resulting from the newly enacted Federal Tax Law. On Dec. 22, President Trump signed into law a Republican tax bill overhauling America’s tax code with the aim at reducing both corporate and individual taxes, but this created an immediate fiscal challenge to our island as it reduces revenues to GovGuam . . .
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