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16 HOURS AGO - Yahoo! News

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Puerto Rico legislators narrowly approve sales tax increase

SAN JUAN, Puerto Rico (AP) — Legislation that would increase Puerto Rico's sales tax from 7 percent to 11.5 percent has squeaked by with the minimum amount of votes needed in the island's House of Representatives.

Tags: Puerto Rico legislators narrowly approve sales tax increase,  Puerto Rico Latest News

18 HOURS AGO - Huffington Post

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Gutierrez: Obama And Congress Have 'A Responsibility' To Help Puerto Rico

WASHINGTON -- Rep. Luis Gutierrez (D-Ill.) said this week that the Obama administration is not doing enough to help the territory of Puerto Rico, home to 3.7 million U.S. citizens, as it enters its eighth year of a crippling economic recession. The problem: Puerto Rico’s political status as a U.S. territory makes it ineligible to receive many of the financial ...

Tags: Gutierrez: Obama And Congress Have 'A Responsibility' To Help Puerto Rico,  Puerto Rico Latest News

18 HOURS AGO - Financial Times

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Puerto Rico suffers further rating cut

Moody’s move follows austere budget plan aimed at salvaging funding deal with creditors

Tags: Puerto Rico suffers further rating cut,  Puerto Rico Latest News

MAY 20, 2015 - Fox News

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Puerto Rico governor submits $9.8 billion proposed budget that calls for deep spending cuts

Puerto Rico's governor has submitted a $9.8 billion budget proposal that calls for $674 million in cuts amid the U.S. territory's economic crisis.

Tags: Puerto Rico governor submits $9.8 billion proposed budget that calls for deep spending cuts,  Puerto Rico Latest News

MAY 20, 2015 - Yahoo! News

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Puerto Rico gov files $9.8B budget that calls for deep cuts

SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor has submitted a $9.8 billion budget proposal that calls for $674 million in cuts amid the U.S. territory's economic crisis.

Tags: Puerto Rico gov files $9.8B budget that calls for deep cuts,  Puerto Rico Latest News