Puerto Rico has been in a long process to recover from deep financial and fiscal trouble cemented over years of overspending and other budget issues. The process for the U.S. territory is the result of federal legislation in 2016 called ...
Read MoreTags: "Debt"
Today the U.S. Senate Finance Committee will hold a hearing on the “Financial and Economic Challenges in Puerto Rico.” Absent from the list of witnesses list is Puerto Rican Governor Alejandro García Padilla, who has been advocating for Chapter 9 ...
Read MoreGOV. GARCIA PADILLA’S RECORD SHOWS FISCAL AND ECONOMIC FAILURE Sustained Economic Decline, Pension Shortfalls, Job Losses & Brain Drain GDP shrank by almost 2% in 2014 63 plants closed in 2014 Lowest labor force participation rate in the Western ...
Read MoreWASHINGTON, D.C. – The Hispanic Leadership Fund is a non-partisan advocacy organization dedicated to strengthening working families by promoting common-sense public policy solutions that foster liberty, opportunity, and prosperity for all. “Puerto Rico can no longer afford the policies of ...
Read MoreMost Americans agree that we are still going through tough economic times. Although too often news regarding the U.S. territory of Puerto Rico is overlooked, there is a growing crisis there that is garnering attention in Washington and elsewhere. Puerto ...
Read MoreMedicare is set to run out of money. Hispanic Leadership Fund president Mario H. Lopez explains why the threat is important, why Latinos have a stake in the outcome, and what can be done to get on the right path.
Read MoreThe Hispanic Leadership Fund issued a statement today from its President Mario H. Lopez announcing its Political Action Committee endorsement of David Rivera, in the race for Florida’s 25th Congressional District. In addition, Lopez commented on the release of a ...
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