CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
In seven months, Puerto Rico faces an imminent threat to its healthcare system: lack of sufficient funds to operate. This is not unusual for Puerto Rico nor any of the other U.S. territories.
What exactly is the EITC? How does it help families in overcoming poverty and how does it promote labor force participation? Keep reading to find out.
After an almost 27-hour session of amendments, debate, and last-minute negotiations within the Democratic camp, the Senate approved President Biden’s $1.9 trillion American Rescue Plan on March 6, by a 50 to 49 vote.
There have been two recent developments in the ongoing litigation regarding the application of the Supplemental Security Income program to residents of Puerto Rico.
Management of territorial affairs has historically fallen under the purview of the Department of Interior’s Office of Insular Affairs. However, President Kennedy changed that situation in the case of Puerto Rico by issuing a memorandum ordering that all matters regarding the U.S.-Puerto Rico relationship be referred to the Office of the President.
The Earned Income Tax Credit (“EITC”), enacted by Congress in 1975, is a tax credit available to working families in the United States whose incomes range from well below the federal poverty threshold to roughly double the poverty line.
It has been three years and 145 days since Hurricane Maria struck the island. In other words, Puerto Rico has entered its fourth year of reconstruction. The amount of time that has gone by could suggest that recovery is fully underway. The reality on the ground, however, is very different.
Puerto Rico atraviesa por la situaciĂłn más difĂcil que ha enfrentado en medio siglo y la complejidad de la coyuntura actual requiere que se establezcan prioridades claras de trabajo. En este memorando al gobernador identificamos cuáles deben ser las prioridades de trabajo para la nueva administraciĂłn y ofrecemos recomendaciones sobre cĂłmo atenderlas.
