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United States News See other United States News Articles Title: Board sues Puerto Rico governor for rejecting furloughs
Source:
https://www.yahoo.com/news/m/dc576161-e16b-3db2-b79b-03e6df8
URL Source: https://www.yahoo.com/news/m/dc5761 ... ss_board-sues-puerto-rico.html
Published: Aug 29, 2017
Author: na
Post Date: 2017-08-29 13:42:32 by XDMAR
Keywords: None Views: 693
Comments: 7
A federal control board overseeing Puerto Rico's crisis-ridden finances sued the island's governor on Monday for refusing to impose furloughs and take other measures it says are needed to save money. The lawsuit further raises tensions between Gov. Ricardo Rossello and the board, which is demanding public employee furloughs and a pension reform as the U.S. territory tries to restructure a portion of its $74 billion public debt load. The board also requested an injunction to prohibit the governor from refusing to comply. "While our preference was to avoid this step, we believe it is a necessary measure to keep Puerto Rico on track with its commitments to reduce spending and build stable foundations for its economic future," said Natalie Jaresko, the board's executive director Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest
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