Hurricane - Topix Tracker

Hurricane - Topix Tracker

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Sun Sentinel

Updated: 5 hrs ago

NY Times- Billions of dollars of disaster aid flowing into Puerto Rico since last fall's devastating hurricane have boosted the bankrupt island's finances, but the island's federal overseers said Thursday that it would take still more austerity to translate those temporary gains into a lasting recovery. At a meeting in San Juan of the territory's federal oversight board, members called on Puerto Rico to reform its labor laws and fix its insolvent government pension system quickly, while it still had the benefit of both the disaster money and court protection from creditors under a special new bankruptcy law for United States territories. Comment?

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