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He said the board has been inaccurate in its financial predictions and that he wouldn’t participate in any cuts to pensioner benefits.
June 10 -
The board referred 13 public entities to the Puerto Rico Secretary of Justice and U.S. Department of Justice.
May 30 -
A surplus this coming fiscal year will be used in following years for debt and pension payments, Executive Director Natalie Jaresko said.
May 28 -
Over the first 10 months of the fiscal year, General Fund net revenues are 11% above October projections.
May 24 -
Court filings cast doubt on repayment of an additional $5.1 billion in the territory's debt restructuring.
May 22 -
The delay of $220 million of pension savings is the latest "upsetting piece of news for bondholders."
May 16 -
The board and the governor remain about $500 million apart on spending.
May 14 -
The anticipated surplus for fiscal years 2019 through 2013 has dropped to $11.6 billion from $15.1 billion, leaving less money for debt service and capital spending.
May 9 -
The plan continues a cut to the pension system found in earlier versions.
May 9 -
New expectations for disaster funding, gross national product growth rates, and population may change projections of money for debt.
May 8