Governor Lou Leon Guerrero and Lt. Governor Josh Tenorio welcomed the U.S. Senate’s passage of the third stimulus package and are looking forward to the final passage of the package by the House this week.
They issued the following statement regarding the advancement of the American Rescue Plan Act of 2021:
“The third stimulus package was passed by the Senate early this morning. We expect the House to vote on its final passage this week for President Biden’s signature before previous aid expires. The additional aid to families and small businesses will help Guam move from crisis response to economic recovery. The bill amended by the Senate will provide direct payments to individuals, extended weekly emergency unemployment checks, long-term low-interest loans for small businesses, and more funds in rental, utility, and mortgage relief,” said Governor Leon Guerrero.
Lt. Governor Tenorio added, “The most devastating effects of this pandemic have impacted our most vulnerable citizens – our children. The bill directly addresses this fact. Families with children will receive an increase in Child Tax Credits and food stamps. These benefits lift millions of people out of poverty and cut child poverty in half. We are much closer to helping individuals most in need.”