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Alejandro García Padilla

Treasury Secretary Reminds Senate It Has 4 Days Before Puerto Rico Defaults On More Debt

The Huffington Post | Laura Barron-Lopez | Posted 06.27.2016 | Politics

WASHINGTON -- Treasury Secretary Jack Lew sounded the alarm Monday on the looming deadline for the Senate to pass legislation to help Puerto Rico with...

Treasury Visit Amplifies Puerto Rico’s Cries. Will Congress Listen?

The Huffington Post | Laura Barron-Lopez | Posted 05.10.2016 | Politics

SAN JUAN, Puerto Rico -- Prospects for the deeply troubled commonwealth of Puerto Rico only stand to get worse if the U.S. Congress doesn't intervene,...

Puerto Rico Governor Declares Emergency At Government Development Bank

Reuters | Paul Vale | Posted 04.09.2016 | Politics

Puerto Rico's Governor Alejandro Garcia Padilla declared an emergency at the island's Government Development Bank (GDB) on Saturday, suspending its le...

Puerto Rico Is In Serious Trouble. Here's What You Need To Know.

The Huffington Post | Daniel Marans | Posted 01.05.2016 | Politics

Puerto Rico is on course to default on some of its debts on Monday, deepening a crisis that has been escalating steadily for months. But the seemingly...

Puerto Rico's Governor Blames Congress For Partial Default

The Huffington Post | Laura Barron-Lopez | Posted 12.30.2015 | Politics

WASHINGTON -- Puerto Rico is about to default on a portion of its multi-billion debt in the new year, and its governor blamed Congress Wednesday. Go...

Puerto Rico Is Up In Arms Because The Obama Administration Basically Just Called It A Colony

The Huffington Post | Cristian Farias | Posted 12.31.2015 | Politics

As the federal government's lead lawyer before the Supreme Court, U.S. Solicitor General Donald Verrilli has an important but relatively narrow role: ...

The Top 10 Marijuana Policy Victories Of 2015

Rob Kampia | Posted 12.23.2016 | Politics
Rob Kampia

In 2015, state legislators considered bills to legalize marijuana in 21 states, decriminalize marijuana possession in 17 states, and legalize medical marijuana in 19 states. The table was set in other ways that will lead to a healthy serving of marijuana policy reform in 2016.

House Sets Timeline To Help Puerto Rico Handle Fiscal Crisis

The Huffington Post | Laura Barron-Lopez | Posted 12.18.2015 | Politics

WASHINGTON -- Democrats' efforts to include debt restructuring powers for Puerto Rico in the House's massive omnibus spending bill on Friday fell shor...

Puerto Rican Officials Say Congress’ Inaction Will Lead To ‘Humanitarian Crisis’ On The Island

The Huffington Post | Roque Planas | Posted 01.16.2017 | Politics

Puerto Rican elected officials pressed Congress forcefully on Wednesday to let the island take advantage of U.S. bankruptcy law before possibly defaul...

Puerto Rico's Private Sector Calls For Chapter 9

Dr. José Vázquez Barquet | Posted 08.20.2016 | Politics
Dr. José Vázquez Barquet

Chapter 9 is part of the solution to Puerto Rico's complicated debt and liquidity crisis. The alternative -- doing nothing and watching bondholders subject Puerto Rico to years of litigation and chaos -- would be a disaster for a business community that thrives on predictability and order.

DOJ Cracks Down On Puerto Rico Over Financial Mismanagement

The Huffington Post | Roque Planas | Posted 01.16.2017 | Latino Voices

The Department of Justice is tightening the flow of federal money to a slew of Puerto Rican government agencies after a preliminary audit turned up ir...

Puerto Rico Crisis: It's Not About the Debt, It's About the Politics

David Paul | Posted 08.17.2016 | Politics
David Paul

When the Puerto Rico debt crisis burst into the news, Puerto Rico Governor Alejandro García Padilla pronounced that the Commonwealth's debt crisis "is not about politics." Of course, to paraphrase H.L. Menken, when a politician says something is not about politics, chances are it's all about politics.

For Puerto Rico, Prosperity Requires Equality

Rep. Pedro R. Pierluisi | Posted 07.28.2016 | Politics
Rep. Pedro R. Pierluisi

Skewed media coverage can cause policymakers and members of the American public to draw erroneous conclusions. If you genuinely want to understand why Puerto Rico is mired in a crisis, but you disregard or downplay the lack of political and civil rights in the territory, then you are missing a core point.

Laura Barron-Lopez

Dems Warn Puerto Rico Default Would Trigger Humanitarian Crisis | Laura Barron-Lopez | Posted 07.15.2015 | Politics

WASHINGTON -- If Congress doesn’t give Puerto Rico the power to restructure its stifling $73 billion in debt soon, a default could trigger a humanit...

Adriana Usero

Puerto Rico's Dance With Default Embraces A Fickle Partner: Wall Street | Adriana Usero | Posted 01.05.2016 | Politics

WASHINGTON -- Puerto Rico may stave off default by making a last-minute payment to creditors on July 1, but the island’s economic future rests on th...

Laura Barron-Lopez

The Curious Case of Puerto Rico, And Why Default Poses A Risk To The U.S. | Laura Barron-Lopez | Posted 06.30.2015 | Politics

WASHINGTON -- U.S. lawmakers have no firm plan to help more than 3 million American citizens living 1,000 miles off the coast of Florida under a gover...

Roque Planas

Puerto Rico Governor: It's Time For Bondholders To Share Our Pain | Roque Planas | Posted 06.29.2015 | Latino Voices

Puerto Rico Gov. Alejandro García Padilla on Monday called for sweeping economic restructuring as the government appears headed toward a default, in ...

Roque Planas

5 Things Every American Should Know About Puerto Rico's Financial Crisis | Roque Planas | Posted 07.07.2015 | Latino Voices

Puerto Rico Gov. Alejandro García Padilla finally admitted defeat on Sunday, telling The New York Times that the island could not pay its massive $72...

REPORT: 'A Crisis Looms' In Puerto Rico

Reuters | Megan Davies | Posted 06.30.2015 | Latino Voices

June 28 (Reuters) - Puerto Rico needs to restructure its debts and should make reforms including cutting the number of teachers and raising property...

Laura Barron-Lopez

Gutierrez: Obama And Congress Have 'A Responsibility' To Help Puerto Rico | Laura Barron-Lopez | Posted 05.21.2015 | Politics

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...

Why Every American Should Care About Puerto Rico's Austerity Crisis

The Huffington Post | Roque Planas and Adriana Usero | Posted 05.20.2015 | Latino Voices

Throngs of students hit the streets of San Juan, Puerto Rico, last week to protest Gov. Alejandro García Padilla's proposal to cut some $166 million ...

Adriana Usero

Puerto Rico's Massive Anti-Austerity Protests Ignored By U.S. Mainland Media | Adriana Usero | Posted 05.18.2015 | Latino Voices

Students in Puerto Rico launched mass protests this week against the governor's attempt to slash some $166 million from the University of Puerto Rico...

Jesse Rifkin

Could The Federal Government Remove The Governor Of Puerto Rico? | Jesse Rifkin | Posted 04.03.2015 | Politics

Realistically, probably not. Yet more than 100,000 people are calling for the removal of Puerto Rico's governor anyway, and one interpretation of the ...

Puerto Rico's Economy Is Stronger Today Than It Was a Year Ago

Alejandro García Padilla | Posted 03.18.2014 | Latino Voices
Alejandro García Padilla

We had a tough first year, but our efforts have reaped clear rewards: thousands of new jobs, a reduced deficit, pension reform, new revenue creation, and new investments. It will not get easier, but I am confident that we have taken the right actions to rebuild Puerto Rico.

Puerto Rico Gov: 'Free Oscar López'

The Huffington Post | Posted 06.10.2013 | Latino Voices

Puerto Rican Gov. Alejandro García Padilla asked the Obama administration Monday to free an independence fighter who has been jailed for the last 32 ...