Cuts loom as gov’t confirms $441M deficit for Fiscal ’16
May 5, 2015
Members of Gov. Alejandro García-Padilla’s fiscal team confirmed Monday the government will likely have to implement cutbacks across the board to address the $441 million deficit it is facing for the start of Fiscal 2016.
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Gov. García-Padilla to ‘take steps’ to navigate fiscal crisis
April 30, 2015
Gov. Alejandro García-Padilla said Thursday the government will take specific steps in coming months to face Puerto Rico’s fiscal crisis, which include no new taxes and no job cutbacks.
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Jeb Bush supports Puerto Rico statehood, Ch. 9 option
April 29, 2015
Former Florida Gov. Jeb Bush, who is expected to announce his run for the U.S. presidency in 2016, expressed his support Tuesday for Puerto Rico’s statehood as well as its right of its government agencies to file for bankruptcy protection under Chapter 9 of the U.S. tax code.
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