Senator Pangelinan Agrees that Budget Appears Conservative
Guam - Senator Ben Pangelinan says he's looked at the proposed fiscal year 2011 budget that the administration released just yesterday and compared it to current revenue projections.
He is still hopeful that they will hit their target for this fiscal year. The senator says he will remain cautious when counting potential revenues that could result from military construction and spending. Pangelinan says that the budget seems conservative and "Is not a pie in the sky budget" The senator says they will continue looking at the budget over the days and weeks to come and will pay special attention to developments with the military buildup and how they might affect revenues.
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