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Effort to provide permanent support for USVI and Puerto Rico

Many say continued lower rate would threaten U.S. Virgin Islands' financial solvency.

Puerto ricoUnited statesStacey plaskettThomas aaronAlbert bryan jrBob menendezJanelle sarauwJenniffer gonzBill cassidyPuerto rico infrastructure finance authorityUs office of insular affairsInsular affairsAlbert bryanSenior credit officer thomas aaronPuerto rico infrastructure financial authorityUs virgin islands

Puerto Rico s December revenues 28% ahead of projections

They also came in 14% higher than those of December 2021.

Puerto ricoPuerto rico department of the treasuryPuerto rico departmentPuerto rico oversight boardCommonwealth of puerto ricoPuerto rico public buildings authorityPuerto rico infrastructure financial authorityPuerto rico sales tax financing corp cofinaPublic finance

Puerto Rico leaders seek to reduce taxes because of inflation

While the bill has wide support in the Puerto Rico House of Representatives, the Oversight Board has yet to offer its opinion.

Puerto ricoUnited statesPuerto ricansPhillip escoriazaFeldesman tucker leifer fidellPedro pierluisiPedro pierluisi puertoFinancial advisory authorityPuerto rico fiscal agencyOffice of managementPuerto rico oversight boardFeldesman tucker leiferCommonwealth of puerto ricoPuerto rico public buildings authorityPuerto rico infrastructure financial authorityPuerto rico employees retirement system

Puerto Rico doesn t expect to sell bonds before 2025

The island expects federal government funds to provide the lion's share of its resources in 2021-2025.

Puerto ricoUniversity of puerto ricoPuerto rico department of planningSewer authorityEducation departmentTransportation departmentPuerto rico departmentPuerto rico infrastructurePuerto rico oversightEconomic stability actFiscal oversight boardCommonwealth of puerto ricoPuerto rico aqueduct amp sewer authorityPuerto rico infrastructure financial authorityPuerto rico highway amp transportation authority

SCOTUS won t hear teachers appeal of Puerto Rico plan of adjustment

Had the teachers' challenge succeeded, the cost to Puerto Rico could have been $1 billion. A challenge to the plan from credit unions is before the First Circuit Court of Appeals.

Puerto ricoEliza fournierEducadoresy trabajadoresJohn muddSupreme courtUs supreme courtPuerto rico electric power authorityFirst circuit appeals courtFirst circuit courtPuerto rico oversight boardPuerto rico attorney johnOversight boardLiza fournier cNacional de educadoresTrabajadores de la educaciPuerto rico oversight

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