This report discusses the fiscal and economic challenges facing the U.S. Virgin Islands (USVI) and related issues for Congress, such as: oversight of federal policies that could affect the USVI's long-term fiscal stability; further legislation that would extend or restructure long-range disaster assistance programs to mitigate those challenges and promote greater resiliency of infrastructure and public programs; and how responses to the USVI's fiscal distress could affect municipal debt markets more broadly.
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Description
This report discusses the fiscal and economic challenges facing the U.S. Virgin Islands (USVI) and related issues for Congress, such as: oversight of federal policies that could affect the USVI's long-term fiscal stability; further legislation that would extend or restructure long-range disaster assistance programs to mitigate those challenges and promote greater resiliency of infrastructure and public programs; and how responses to the USVI's fiscal distress could affect municipal debt markets more broadly.
This report is part of the following collection of related materials.
Congressional Research Service Reports
The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.