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Puerto Rico Gov. Wanda Vázquez's misgivings about rate increases threaten to upend the $8 billion restructuring plan, a lawyer for unsecured creditors told the bankruptcy court.
October 30 -
The plan would rebuild the power system with a web of "micro grids," funded in part with federal and private money.
October 25 -
Two board members said an effort in congress to shift responsibility for the commonwealth's infrastructure revitalization is ill timed.
October 17 -
The House Natural Resources Committee, meanwhile, is meeting Oct. 22 to consider removing the infrastructure revitalization section from the federal legislation that established the Puerto Rico Financial Oversight and Management Board.
October 11 -
The wild card part of this case is whether the justices decide to take an expansive look back on early 20th century decisions known as the Insular Cases and rule on the constitutional rights of U.S. citizens living in territories outside the 50 states.
October 8 -
The island's economic index "is approaching the behavior that existed prior to the hurricane.”
October 3 -
The household employment survey showed good economic news, while other measures were mixed.
September 20 -
Six of the eight audits — including the Building Authority audit disclosed Monday — involve IRS Form 8038-CP.
September 17 -
The proposed change would create a hurricane reconstruction coordinator. an audit of the island’s debt, and federal funding for the Oversight Board.
September 16 -
Two contracts worth $1.8 billion were improperly awarded to Cobra for its work restoring electricity, the U.S. Attorney's office said.
September 10