Fitch: Ch. 9 extension would be a positive for Puerto Rico
August 7, 2014
The extension of Chapter 9 provisions governing the adjustment of municipal debt in Puerto Rico would be a positive and important development for Puerto Rico and holders of debt of its public utilities and public instrumentalities, Fitch Ratings said Wednesday.
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Pierluisi lauds Senate vote extending expired tax terms
April 4, 2014
Puerto Rico Resident Commissioner in Washington, Pedro Pierluisi, on Thursday praised the Senate Finance Committee’s decision to extend, for 2014 and 2015, a package of expired tax provisions known as “tax extenders.”
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Univ. of Miami, Pierluisi Foundation team on scholarship
August 29, 2013
The University of Miami School of Business Administration announced an alliance with the José Jaime Pierluisi Foundation to boost the number and amount of scholarships available to participants in the School’s Puerto Rico Executive MBA program.
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Puerto Rico farmers get $720K from USDA
July 11, 2013
Puerto Rico’s Resident Commissioner Pedro Pierluisi announced Wednesday that the U.S. Department of Agriculture is issuing payments totaling $720,560 to nearly 400 farmers in Puerto Rico through the Reimbursement Transportation Cost Payment Program for Geographically Disadvantaged Farmers and Ranchers.
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GAO releases Jones Act impact study; Pierluisi to file bills
March 21, 2013
The U.S. General Accounting Office released Wednesday a lengthy report assessing the impact of the Jones Act on Puerto Rico’s economy, saying, among other things, that the effects modifying the application of mandate “are highly uncertain, and various trade-offs could materialize depending on how the Act is modified.”
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Pierluisi calls PR-USVI rum rivalry a ‘race to the bottom’
January 30, 2013
Puerto Rico isn’t a country, so unlike most of its English-speaking Caribbean neighbors, it doesn’t have an embassy in Washington. And it’s not a state either, so it can’t send to Congress the eight lawmakers — two senators and six representatives — its population of 3.7 million would warrant under statehood.
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$26.8M assigned for VA Hospital parking facility
October 4, 2012
The U.S. Department of Veterans Affairs has awarded a $26.8 million contract to design and construct a parking garage at the Veterans’ Hospital in San Juan.
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Puerto Rico gets $2M Affordable Care Act ‘rate review’ grant
September 25, 2012
The U.S. Department of Health and Human Services has awarded a $2 million discretionary “rate review” grant to the Puerto Rico Insurance Commissioner’s Office under the Affordable Care Act to protect island consumers, Resident Commissioner Pedro Pierluisi announced Monday.
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Puerto Rico Medicare beneficiaries save $110M under ‘Affordable Care Act’
September 24, 2012
Since its enactment by the federal government in 2010, the Affordable Care Act has already saved more than 45,000 Medicare beneficiaries in Puerto Rico a total of $111.4 million on the cost of prescription drugs, Resident Commissioner Pedro Pierluisi said Sunday.
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Local delegation promotes P.R’s broadband needs in DC
June 6, 2012
Resident Commissioner Pedro Pierluisi told members of Congress Tuesday Puerto Rico needs to “have the correct policies in place, on both the federal and local level, to enable households and businesses … to access and adopt high-speed Internet and other modern telecommunications services at affordable rates.”
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Dominican Republic presidential candidates to headline PRMA convention
May 14, 2012
The Puerto Rico Manufacturers Association will be hosting its 84th annual convention under the “We’re all manufacturers” slogan, adopted to reflect “the multiplicity of industry elements,” said trade group President Pedro Watlington.
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GAO to Pierluisi: Jones Act impact study underway
April 17, 2012
The U.S. Government Accountability Office is “actively working” on Resident Commissioner Pedro Pierluisi’s request to determine the economic impact that the cabotage laws have on Puerto Rico, his office said Monday.
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Pierluisi pursuing $457M for P.R. low-income residents through SNAP program inclusion
March 29, 2012
Resident Commissioner Pedro Pierluisi on Wednesday submitted HR 4280, known as the “Puerto Rico Supplemental Nutrition Assistance Program Restoration Act,” which would provide the island with $457 million in additional federal funding each year to support its food assistance program for low-income individuals.
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Gov’t incentives spur use of solar heaters in P.R.
March 14, 2012
Some 11,200 solar heaters were installed in Puerto Rico during 2011 and 2012, following the injection of more than $20 million in American Recovery Act and Reinvestment Act funds into local product manufacturers, Resident Commissioner Pedro Pierluisi and Energy Affairs Administration Executive Director Luis Bernal said Tuesday.
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Congress approves bill extending equal funding treatment to P.R. airports
February 9, 2012
The U.S. Congress has approved the Federal Aviation Administration Modernization and Reform Act of 2012, which includes an amendment presented by Resident Commissioner Pedro Pierluisi to guarantee equal treatment for Puerto Rico’s airports with respect to federal funding.
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