What Does the United States Owe Puerto Rico?
Just what does the United States owe Puerto Rico? It’s a question that has come up over the years since Puerto Rico was acquired from… Read More »What Does the United States Owe Puerto Rico?
Just what does the United States owe Puerto Rico? It’s a question that has come up over the years since Puerto Rico was acquired from… Read More »What Does the United States Owe Puerto Rico?
House of Representatives Financial Services Oversight and Investigations Subcommittee Chairman Sean Duffy (R-WI) has written to Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg to ask… Read More »Congressman Asks FDIC for Assurances on Puerto Rico Debt Crisis
A group of U.S. Senators has introduced legislation (S. 1961) to improve treatment of the U.S. territories in federal health care programs. The Senate proposal,… Read More »U.S. Senators Offer Proposal to Treat Puerto Rico Equally in Federal Health Care Programs
Comedian and journalist John Oliver, reminding viewers that he had previously discussed the situation of the U.S. territories, spoke up for Washington, D.C.’s potential statehood… Read More »John Oliver Reports on D.C. Statehood
At the regular White House news conference today, Press Secretary Josh Earnest was asked about the administration response Puerto Rico’s failure to pay most of its… Read More »White House Cites Puerto Rico’s Economic Challenges, Ongoing Efforts to Help Through President’s Puerto Rico Task Force
Puerto Rico defaulted on obligations on Monday after the U.S. territory, as expected, did not pay most of its $58 million Public Finance Corporation (PFC)… Read More »GDB Issues Statement on Default; Critics Claim Action Was Avoidable and Will Have Long Term Implications
On Friday, White House Press Secretary Josh Earnest was asked several questions related to Puerto Rico at the White House regular news briefing. The inquiries… Read More »White House Responds to Questions on Puerto Rico’s Fiscal Crisis and Political Status, Does Not Address Confusion over “Commonwealth”
José A. Delgado of El Nuevo Dia has published an editorial asking readers to think about what the current Puerto Rico bankruptcy controversy really means.… Read More »The “Commonwealth” Roots of the Fiscal Crisis
Treasury Secretary Jack Lew today responded to a letter sent by Senate Finance Committee Chairman Orinn Hatch (R-UT) regarding Puerto Rico’s fiscal problems and possible… Read More »Obama Administration Responds to Senate Letter on Puerto Rico, Endorses Established Bankruptcy Process for US Territory