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The Oversight Board must lobby Congress and the Biden administration to take a hard stance and pass a new federal debt limit for Puerto Rico, like the one repealed in 1961.
September 24D.R. Martin, LLC -
Gov. Pedro Pierluisi signed increases into law on Tuesday but economists are skeptical they will help the island's economy.
September 22 -
Authorization to sell new bonds to replace existing debt is a necessary step to help finalize the island territory’s record bankruptcy.
September 22 -
The board sent mixed signals on a possibility of deal with legislature on pension cuts.
September 17 -
The local government is trying to apply pressure on the board to get its way on the Plan of Adjustment.
September 16 -
Judge Swain rejected the governor's request to stay the board's suit until November.
September 15 -
If residents become eligible for the government money, it would increase income and spending, providing a lift to the commonwealth's economy.
September 10 -
The local planning board is more optimistic about the next 10 years of Gross National Product growth than is the Oversight Board.
September 8 -
Pierluisi filed a request to stay the adversary proceeding in late August. Since then, the board and Puerto Rico House and Senate leaders told the court they oppose the stay.
September 2 -
More than a third of the island's residents have lost power this week, in a problem that happens more frequently on the island than it does in the states.
September 1