Labor Dept. seeks $116.5M budget for fiscal ’12, launches online unemployment tool
May 7, 2011
Labor Secretary Miguel Romero submitted a $116.5 million budget for fiscal 2012 to the House Treasury Committee Friday, saying it will be enough for the agency to operate and run a number of programs that pursue job creation in a market where the workforce barely reaches 42 percent.
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Treasury: March revenue collections reach $746M
May 5, 2011
Government revenue collections totaled $746 million in March, a figure that is 10.1 percent, or $69 million over the same month the prior year, the Treasury Department said Thursday.
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Retirement System burgeoning deficit on Moody’s radar
May 4, 2011
Gov. Luis Fortuño’s administration has three months to show Moody’s Investors Service that it is taking enough — and correct — action to address the Commonwealth Retirement System’s $28 billion funding shortfall to avoid a possible downgrade of its current A3 rating.
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