CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
Esta semana hacemos una pausa para analizar cómo el discurso de austeridad económica ha llegado a dominar el debate sobre la reforma municipal en Puerto Rico desmenuzando la narrativa oficial y explicando por qué es necesario cambiarla. Además, el equipo de CNE se pregunta cómo Puerto Rico está gastando los $13,900 millones que se han asignado en fondos federales para lidiar con los efectos de la pandemia.
This week we take a look at how the economic austerity discourse has come to dominate the debate about municipal reform in Puerto Rico, peeling back the layers of the official narrative and explaining why it is necessary to change it. Also, with the COVID-19 pandemic still raging in the mainland, the team at CNE is wondering about how Puerto Rico is spending the $13.9 billion it has been allocated in federal funds to address the effects of the pandemic.
There has been a lot going on recently at the Puerto Rico Electric Power Authority (“PREPA”). This week we dedicate a special edition of the Weekly Review to highlight two recent transactions executed by PREPA that together could have a material adverse effect on Puerto Rico’s electricity sector.
Recientemente han estado ocurriendo muchas cosas en la Autoridad de Energía Eléctrica (AEE). Esta semana dedicamos una edición especial del Weekly Review para destacar dos transacciones recientes ejecutadas por la AEE que juntas podrían tener un efecto adverso importante en el sector eléctrico de Puerto Rico.
Esta semana nos enfocamos en dos asuntos importantes para Puerto Rico. Primero, analizamos los recientes fallos judiciales que sostienen que el Congreso no puede discriminar en contra de los residentes de Puerto Rico y Guam en la aplicación del programa de Seguro de Ingreso Suplementario. En segundo lugar, destacamos algunas de las dificultades inherentes al rastreo de casos y contactos.
This week we focus on two important issues for Puerto Rico. First, we take a look at recent court decisions holding that Congress cannot discriminate against the residents of Puerto Rico and Guam in the application of the Supplemental Security Income program. Second, we highlight some of the difficulties inherent to case tracking and contact tracing.
The Supplemental Security Income (SSI) program is not available to residents of Puerto Rico, Guam or the U.S. Virgin Islands. Two recent court rulings have found this categorical exclusion of the residents of Puerto Rico and Guam to be unconstitutional. We take a closer look at the impact the SSI program could have for Puerto Rico’s residents and the potential economic benefits associated with it.
This week we present two public policy proposals to advance the bankruptcy process even with the great uncertainty that exists. We also share guidelines for effective oversight in the context of Puerto Rico’s reconstruction and we call on both federal and local authorities to accelerate the timeline of disbursement of federal funds.
