Tag: Puerto Rico Oversight Management and Economic Stability Act of 2016 (PROMESA)

Puerto Rico Says It Won’t Cut Government Jobs Or Pensions Just Because The Feds Tell Them To

SAN JUAN — Puerto Rico’s government submitted a required fiscal plan on Thursday that excludes pension cuts and layoffs sought by a federal oversight board as legislators in the U.S. commonwealth angered by its demands debate a bill that would withhold payments for board member salaries, among other things. Gov. Ricardo Rossello told reporters that […]