As lawmakers across the country mull over how they’ll implement President Trump’s weekend executive orders, what’s clear is participation in the unemployment program won’t be clear cut.
Governors and states have to opt-in and apply for the $400-a-week payments but they’re also on the hook to compensate 25 percent of it.
In an interview on K57 this morning, Governor Lou Leon Guerrero said that would be a significant amount of money for Guam and we simply don’t have the funds.
“We’re thinking it’ll be like close to $30-$50 million and we don’t have that in the government general fund nor with the CARES Act. So, that’s going to be difficult and the governors are really stepping up I guess, opposing that for their state budget concerns,” Leon Guerrero said.
Despite Congressman Michael San Nicolas saying Guam can use its federal CARES Act money allocation to fund its cost-share portion, the Governor says that $117 million is already all earmarked.
She says $50 to $60 million was given out to help businesses and residents on Guam and most of the remainder is for services, activities, and payroll related to COVID-efforts.