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A draft of the plan in early July indicated that 71.3% of the funding was to come from the federal government.
August 8
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The governor vowed to disobey Swain’s order, which he said would end Christmas bonuses or lead to "massive layoffs."
August 7
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The board declined to say what the net impact on the central commonwealth government’s finances would be.
August 2
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The judge dismissed Aurelius' argument that the U.S. Constitution had prohibited the means used to appoint the oversight board members.
July 13
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The board responded that it would vigorously defend its budget and fiscal plan.
July 5
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The April-approved fiscal plan had said just 39% of senior and senior subordinate bond debt would be paid in the next fiscal year.
June 13
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Magistrate Judge Judith Dein said she'd take up the investigation issue at a June 18 hearing.
June 7
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The bankuptcy court will hear a motion Wednesday to allow the probe, which could undercut billions of dollars in bondholder claims.
June 5
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The disagreement over at-will employment is the latest episode on a struggle over policy measures intended to pull the territory out of recession and help in payment of its debt.
May 31
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The Oversight Board's executive director said the budget's future is linked to government introduction of at-will employment law.
May 23
