Congressional candidate and former University of Guam President Robert Underwood has released his plans to get a Guam-centric COVID relief plan from Congress.
According to Underwood, Guam’s local economy has lost thousands of jobs, small businesses are shutting their doors, and the island’s economic future needs careful planning for recovery and prosperity for all.
Toward this end, Underwood said he will introduce a Guam-centric COVID relief package in the next Congress.
“I will fight for equal treatment for Guam in the next coronavirus relief package and present an economic recovery package informed by our business community, industry groups, key constituencies, workers, and forward-thinking entrepreneurs. I will fight for immediate financial relief for every family in Guam, especially those left out of previous relief packages. I will work to infuse nearly $60 million of Earned Income Tax Credit into the local economy by fighting for the full reimbursement of EITC. I will also support recurring direct cash assistance to families, which will move us forward in the path to economic recovery,” Underwood stated during the unveiling of his economic plans Thursday afternoon.
Among the salient points of Underwood’s Guam-centric COVID relief package are:
• Include additional $600 per week unemployment benefits in the next relief package
• Small business relief so that they can continue to pay their workers and their bills
• Mortgage and renter relief which go directly to those most affected to prevent eviction
and homelessness as well as the obligations of property owners
• Retraining funds for the unemployed to upgrade skills and work in new jobs and industries,
especially in areas like healthcare where there are clear shortages
• Infuse nearly $60 million directly into the local economy by providing full reimbursement
for Earned Income Tax Credit
• Government of Guam relief to deal with revenue shortages to continue public safety,
health care, and education services to the public
• Additional support for effective quarantine management based on data and national
Underwood added: “I will work with the military, visitor industry, workers, companies, and government agencies to ensure that people go back to work both in traditional as well as new industries. I will ensure that the military buildup and visitor industry benefits local workers and families.”