CNE: Fortuño administration controls spending, not runaway debt
June 8, 2011
Although the government has managed to successfully contain public spending since 2008, the island’s indebtedness rate has soared at a faster pace than its Gross National Product during the last three years, currently reaching a 50-year high.
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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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Fortuño unveils $9.26B budget for fiscal ’12
April 13, 2011
Gov. Luis Fortuño announced Tuesday his administration’s proposed $9.26 billion budget for fiscal 2012, which is $110 million higher than the one currently being spent that expires June 30.
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