The Medicaid Five-Year Deal

H.R. 4406 helps Puerto Rico avoid a short-term Medicaid funding cliff and provides some stability by setting forth clear funding levels for the next five years. However, the proposed five-year deal falls short of parity with the states, is not a permanent fix, and perpetuates the “separate and unequal” treatment of Medicaid beneficiaries in the territories, who are being told, once again, to accept a “good enough” deal.

CNE Review – June 2021

On the 5th anniversary of the enactment of PROMESA, the CNE Review takes a look at how PROMESA has evolved, what has been overlooked, its costs to Puerto Rico, and its consequences. The unavoidable conclusion is that the territorial bankruptcy regime set up by law has failed to achieve most of the goals set forth by its authors.

PROMESA: A Failed Colonial Experiment?

On June 30, 2016, President Obama signed into law the Puerto Rico Oversight and Management Economic Stability Act. As we look back and take stock of the events that have taken place since 2016, the unavoidable conclusion is that the territorial bankruptcy regime set up by that law has failed to achieve most of the goals set forth by its authors.

CNE Review – May 27, 2021

In the first edition of our new publication, the CNE Review, we take stock of the post-storm reconstruction and recovery process as we approach the beginning of yet another hurricane season in the Atlantic Ocean.

Taking Stock of Puerto Rico’s Reconstruction Process

It has been about three years and eight months since Hurricane Maria struck Puerto Rico on September 20, 2017. It is a good time as any, to take stock of the post-storm reconstruction and recovery process as we approach the beginning of yet another hurricane season in the Atlantic Ocean.

Prioridades

En el Centro para una Nueva Economía, al igual que el resto de Puerto Rico, hemos quedado conmocionados y visto con gran consternación los hechos recientes de violencia de género que han provocado la muerte de hermanas puertorriqueñas.

Oversight or Punishment?

Last week, the Office of the Inspector General of the HUD released a 45-page report which detailed the multiple instances when the political leadership in OMB, a critical control center within the Executive Office of the President, purposefully delayed processes to release disaster aid.