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Puerto Rico's Current Fiscal Challenges: In Brief
This report discusses the current state of Puerto Rico's public finances. Puerto Rico faces several fiscal hurdles in 2015. Concerns regarding the sustainability of Puerto Rico's public finances have intensified over the past year, despite several measures taken by the island's government to reduce spending, increase revenues, and restructure its obligations.
Puerto Rico's Current Fiscal Challenges: In Brief
This report discusses the current state of Puerto Rico's public finances. Puerto Rico faces several fiscal hurdles in 2015. Concerns regarding the sustainability of Puerto Rico's public finances have intensified over the past year, despite several measures taken by the island's government to reduce spending, increase revenues, and restructure its obligations.
The Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA; H.R. 5278, S. 2328)
The report presents a brief description of Puerto Rico, its relationship with the federal government, and its fiscal challenges. It also includes a short overview of bill H.R. 5278, with a comparison with previous legislation involving control boards and a section-by-section description of the bill.
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