Tuesday, March 23, 2004

USVI: Outside overseer for territory's finances

V.I. Delegate to Congress Donna Christensen has revised sections of her controversial bill that would designate a chief financial officer to oversee the territory's finances, but the changes are not likely to win Christensen or the bill any new supporters.

The changes - some minor, some significant - do not alter the bill's overall aim: to place the government's checkbook in the hands of someone outside the V.I. government.

Christensen is refusing to bow to political forces that would have her scrap the idea.

"We haven't softened the bill at all," she said.

In fact, some of the changes bolster the CFO's authority.

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