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Saipan Tribune Subscription

Saturday, January 17, 2009
Editorial

Since the fiscal year ended on Sept. 30, 2008, the Saipan Tribune has kept a running count on the number of days the CNMI government has been operating without a budget. On Thursday last week, with the count standing at 65 days, the Legislature finally adopted a $165.4 million compromise spending plan that, among other things, offers proportionate budget cuts, priority for essential services, controls against unnecessary hiring, and reporting requirements for the Department of Finance.....full story

Having a bad economy is in itself already a terrible state to be in. Lost jobs, lost productivity, the day-to-day scramble to put food on the table, and the general air of pessimism make for a dreadful combination that is not only enervating but is also highly infectious. ....full story

 

 

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