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The governor is asking for a stay until the court decides on the Plan of Adjustment.
August 31 -
Federal benefits for Child Tax Credits will also be expanded.
August 30 -
The governor and the Oversight Board had yet to offer an opinion on the increase.
August 27 -
The board bars implementing a 2020 law and is threatening legal action if the local government does not cooperate.
August 26 -
Both board members and government officials reiterated their stances on cuts to public pensions — for and against — but neither party said agreements had been reached during the meeting.
August 24 -
Funding would be offered, perhaps for pensions, in exchange for a debt restructuring.
August 20 -
The governor and the legislature are at odds on how to make the increases, which could affect more than half of the workforce.
August 19 -
The underestimate came as the board was concerned about the impact of COVID-19 on the island's economy.
August 17 -
Even if the Oversight Board can legally approve new debt for the deal, some market participants say the future "willingness to pay" is the larger consideration.
August 9 -
The board will say it has treated the creditors fairly, it meets the 'best interest' test for debtors, and its plan preempts dozens of local laws.
August 6