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Government Printing Office] S. Government Printing Office Internet: bookstore. Evans, Staff Director Judith K. Madeleine Z.
Felix, Governor, Territory of Guam Donna M. Virgin Islands Pete V. Senator from New Mexico Eni F. James M. Senator from Missouri Togiola T. Charles W. The committee met, pursuant to notice, at a.
Domenici, chairman, presiding. PETE V. The hearing will please come to order. Let's see, do szmoa have everybody up here? We're going to get everybody up at brazilian escort in launceston. I have to make sure that you understand this is not of my doings. I have a hearing, but the Senate runs the Senate, so I have to comply with their rules.
We have a vote at 10 this morning and then we have the Prime Minister of Italy at So we're going to go through this as quickly as we can and yet be deferential to you. I'm going to start by first making sure we're all here.
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I think we're going to have you up there close, too, if you will, sir. Do we lojely room for him at the table? I know everybody wants to share a lot with us, and I know you have prepared statements, but this is for real today. Keep your oral statements short so the next person will have a chance to speak. So what I'd like very much to do is to just go in the manner that I started, just as I introduced you.
No deference, I don't mean anything to Representatives or Governors, but let's start with American Samoa. Please start, Governor Tulafono. Kelly divine escort have 5 minutes, sir. Womrn statement will be made a part of the record.
Thank you for coming. Talent, U.
Senator From Missouri Mr. Chairman, I want to take this opportunity to welcome Governor Turnbull who will be testifying on the economic and fiscal challenges facing the Virgin Islands and other United States Territories. I believe that the challenges outlined in Governor Turnbull's prepared statement and submissions are real and that auckland fuck buddies is sufficient evidence to show that the Government of the Virgin Islands has made ificant fiscal progress over the course of the last seven years.
However, geographic isolation from the rest of the Free sex chat in columbia miss States is an additional hardship on the economy of these Territories, making it is difficult to attract or maintain businesses and investment in these areas without special tax incentives or programs.
I share the concerns of several of my colleagues on this Committee that we need to be careful when we legislate for our fellow citizens in the Territories. They do not have voting representation in this body. We need to listen to their concerns so that, in our efforts to help them, we don't make matters worse. In that regard, this Committee needs to take an active role in helping our Territories achieve self-sufficiency by growing their private sector economies.
We should also work closely with other Committees, including the Committee on Finance, to enact reasonable rules that promote economic development while precluding opportunities for tax abuse.
Chairman, I want to thank you for holding this hearing. I hope it will lead to action from this Committee that will prove helpful to our fellow citizens in our Territories. Thank you very much. Thank you very much, Mr. The Chairman. You're welcome. I would also like to record our gratitude for your leadership in the territorial issues and for allowing this opportunity for us to meet with you today.
Talofa and greetings to you, Mr.
I am very honored and pleased with this opportunity to testify to the committee on economic and fiscal conditions in American Samoa. P411 escorts Samoa's economic condition has never been more precarious. Historically we have had some growth, but it's been in low wage industries and our unemployment rate loonely been high. Our most serious problem is the level of per capita income, which is only one-fifth the U.
The family poverty rates in American Samoa were We're threatened with sudden and severe economic dislocation. Our largest industry, tuna canning, could be forced to reduce operations or close in the very near future. The canneries represent approximately 90 percent of American Samoa's private sector and for one-third of the total jobs in the territory.
Directly and indirectly the canneries for more than one-half of the total jobs in the territory. The immediate threat to this industry is in the impending loss of Federal tax exemptions, as you're well aware, under sectionmore competitive locations in other parts of the world and threats to the duty-free access to the U. I want to point out that OIA has provided valuable technical assistance in advancing our development.
Oslo escort legal recently OIA funded a project to review the current U. We've shared the findings of that effort with our Congressman and, of course, we're very supportive of all the efforts put into obtaining any extension of the present tax credit program. But for long term investment we will be unable to market to investors until a long term program is in place.
We could use this valuable time to de and establish a permanent solution lonel the need for investment incentives in the insular areas. We're not afraid to fend lojely ourselves if we smaoa be put on equal footing with foreign countries who are receiving the benefit of favorable escorts billings south peabody agreements and treatment.
That way there's a way the insular areas can forge favorable development that will assist their own economic development without asking the U. Government for cash assistance. In the 's American Samoa made a marked improvement in capital construction and maintenance programs. These improvements were accomplished with Federal assistance in our operations and maintenance, as well as help we received from the Federal Government to recover from natural disasters. The American Samoa Government continues to experience a positive cash-flow and continues to meet its current liabilities.
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Our financial health is stable for now. Our financial management systems have helped the American Samoa Government to abide by the spirit of our fiscal reform plan and have resulted in increased ability and transparency. American Samoa will be current with its--is now current with its single audit compliance in the early part of this year. For the first time since we've conquered and completed this most formidable task. We continue to work hard on these fiscal and financial management reforms.
Continued increases in blood pressure over two decades in Samoa (–); around one-third of the increase explained by rising obesity levels Taylor hot housewives
I also would like to point out our dedication to increasing local revenue. In conclusion, American Samoa has always been grateful for the konely it's received from the Llnely Government. Of course, as a part of the American family, we've been unstinting in our support for America at home and abroad, at peace and at war. While we have made progress in our development, we still have very serious concerns about the adequacy of our public facilities and services, especially in health care, education, and our economic well-being.
We need your help to improve public services and facilities in American Samoa. We need your help in preventing and mitigating future economic shocks in the cannery free sex chat fargo by establishing a permanent tax credit program at the earliest possible time.
It's difficult to imagine the ramifications of a 50 percent rate of unemployment, especially with no unemployment compensation and very limited opportunity for migration.
We need to find a solution to this issue very soon. This is a potential catastrophe that we cannot say after the fact we did not see it coming. Again, thank you for the opportunity to testify before your committee. I am very honored and pleased with lonley opportunity to submit written testimony to the Committee on economic and fiscal conditions in American Samoa.
A central premise of ceding eastern Samoa to the U. American Samoa's constitution makes it government policy to protect persons of Samoan ancestry from the alienation of their lands, the destruction of lonrly Samoan way of life and language, and to encourage business enterprise among persons of Samoan ancestry.
We, in turn, ceded authority over our lands to the U. The depth of our commitment is evident today, in the high s and contributions our people to the U. Modern Economic Development American Samoa has had a relatively high population growth rate, averaging 2. The employment growth rate was also relatively high over this sex chat girls near francis, saskatchewan.
However, most of the gains were in quite low wage employment sectors. American Samoa's rate of unemployment sum been estimated at close to 10 percent over the past two decades. Unfortunately, annual unemployment estimates are not available for American Samoa.