All posts tagged "fiscal crisis"

• 
  Senate passes measure to provide $1 million to each Puerto Rico municipality

  Goes to House for consideration, which is expected to vote in favor

  • Posted March 13, 2018
• 
  Puerto Rico fiscal board postpones fiscal plans’ delivery deadline to Jan. 24

  Commonwealth government assured earlier it was ready to deliver its fiscal plan by the Jan. 10 deadline

  • Posted January 10, 2018
• 
  Puerto Rico gov’t rejects activation of National Guard amid police absenteeism

  Official says that over $6 million will be paid for overtime police work on Dec. 30

  • Posted December 27, 2017
• 
  Tax Bill Could Undermine Puerto Rico’s Recovery, Governor Says

  Rosselló also said Puerto Rico's Medicaid funding could run out as soon as February, leaving millions of residents without health insurance coverage, unless Congress acts soon

  • Posted December 19, 2017
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  Millions in fees add up in first 5 months of Puerto Rico’s bankruptcy

  With rates mostly ranging from $300 to $1,300 per hour, the cost for the commonwealth coffers in lawyers and consultants working the Title III cases surpasses $77 million, as of Sept. 30

  • Posted December 18, 2017
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  Puerto Rico gov’t identifies over $6B in hundreds of bank accounts

  Financial control board announces it will conduct an investigation over the source, use and restrictions of the funds

  • Posted December 18, 2017
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  Puerto Rico gov’t: Cash need of $3.6B before year’s end

  White House says willing to provide financial assistance in exchange for greater oversight over use of federal funds

  • Posted November 6, 2017
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  Judge Swain: Puerto Ricans face an even graver humanitarian crisis

  Court postpones until further notice October omnibus hearing on Title III cases, due to Hurricane María

  • Posted September 26, 2017
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  Puerto Rico governor: No consideration now for fiscal aspect

  Gov. Rosselló says $1 billion in budget reallocations not enough, will solicit federal gov't for more help

  • Posted September 23, 2017
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  Senate reveals ‘x-ray’ of towns at 1st Municipal Summit

  Finds that available federal funds not obtained due to lack of competitive proposals

  • Posted August 29, 2017