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Economy

Bill to Repay 8 Percent Pay Cut By End of 2021 Passes Committee

Kyle Murphy | June 25, 2021

On June 12 the Consortium reported on the Legislature's decision to propose a plan to repay the 8 percent salary cut enacted through the Virgin Islands Economic Stability Act of 2011 (VIESA). Twelve days later a bill has passed the Committee on Finance and has been forwarded to the Committee on Rules and Judiciary for further consideration to accomplish the feat. The summary of Bill No. 34-0077 that was debated on Thursday states, “This bill appropriates $36,279,008 to the Office of Management and Budget and $1,720,992 to Legislature of the Virgin Islands for the repayment of the VIESA debt owed to government employees and requires that the payments be made by December 31, 2021.” The legislation was sponsored by Senate President Donna Frett-Gregory, Chairman of the Finance Committee Senator Kurt Vialet, and Senators Janelle Sarauw and Novelle…

Corrections Officer Applicants Are Failing IQ and…

Kyle Murphy | June 05, 2021

In Governor Albert Bryan's proposed two-year budget proposal, the administration said it projected funds…

Tax Refund Checks to Be Sent Out Quarterly, With First…

Kyle Murphy | June 04, 2021

Office of Management and Budget Director, Jenifer O'Neal, during a budget overview hearing Thursday…

A True Miracle on Main Street as Ribbon is Cut to…

Kyle Murphy | May 28, 2021

CHARLOTTE AMALIE, ST. THOMAS — Afters years of setbacks, delays and restarts, the Main Street Enhancement…

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USVI Receives $8.5 Million For Mortgage Assistance

Kyle Murphy | April 20, 2021

Governor Albert Bryan announced during the administration's weekly Covid-19 press briefing Monday a mortgage assistance program for Virgin Islanders struggling to make mortgage payments and those who ...

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