Post by Logan on Apr 1, 2016 4:08:37 GMT -6
US Congress drafts language impeding on financial authority of CNMI govt
Gov. Ralph DLG Torres disclosed yesterday there is legislation floating in U.S. Congress that could impose financial controls over the local government through a federal government board or commission, possibly infringing on the CNMI’s right to self-government and right to steer its own economy.
Torres met with Delegate Gregorio Kilili C. Sablan (Ind-MP) yesterday on the matter, saying the issue ties into Puerto Rico and “their bankruptcy” or legislation proposed to help ease the territory’s financial crisis.
Sablan confirmed with Saipan Tribune that he did meet with Torres on issues from China/Russia parole, contract worker issues, 902 consultations, “and about the potential for an April 12, 2016, introduction of a bill addressing the Puerto Rico fiscal situation.”
“Congress is considering legislation that will provide an oversight board appointed by the President,” Sablan confirmed.
“But,” Sablan cautioned, “bill language to that effect has not been fully and finally drafted and is not expected to be introduced until April 12, 2016 at the earliest.”
Read more: www.saipantribune.com/index.php/us-congress-drafts-language-impeding-financial-authority-cnmi-govt/
Gov. Ralph DLG Torres disclosed yesterday there is legislation floating in U.S. Congress that could impose financial controls over the local government through a federal government board or commission, possibly infringing on the CNMI’s right to self-government and right to steer its own economy.
Torres met with Delegate Gregorio Kilili C. Sablan (Ind-MP) yesterday on the matter, saying the issue ties into Puerto Rico and “their bankruptcy” or legislation proposed to help ease the territory’s financial crisis.
Sablan confirmed with Saipan Tribune that he did meet with Torres on issues from China/Russia parole, contract worker issues, 902 consultations, “and about the potential for an April 12, 2016, introduction of a bill addressing the Puerto Rico fiscal situation.”
“Congress is considering legislation that will provide an oversight board appointed by the President,” Sablan confirmed.
“But,” Sablan cautioned, “bill language to that effect has not been fully and finally drafted and is not expected to be introduced until April 12, 2016 at the earliest.”
Read more: www.saipantribune.com/index.php/us-congress-drafts-language-impeding-financial-authority-cnmi-govt/