To Address Puerto Rico’s Debt Problems, Look Beyond Chapter 9, Support Comprehensive Reforms

by Pete Sepp / /

On behalf of National Taxpayers Union's (NTU's) members across the nation, including those residing in Puerto Rico, I urge you to think beyond what may appear to be "easy fixes" for the Commonwealth's fiscal crisis and instead enact measures that will enc
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Press Release 

The Answer to Puerto Rico Debt Crisis is Reform, Not Bankruptcy

by Douglas Kellogg / /

Today, National Taxpayers Union (NTU) President Pete Sepp submitted comments to Congress urging legislators to avoid Chapter 9 bankruptcy for Puerto Rico, and consider comprehensive reforms that can put the Commonwealth on reliable fiscal footing long-ter
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Puerto Rican Debt Primer: Causes and Solutions

by Dan Barrett / /

Because of over-spending and relying on a possible federal bailout, Puerto Rico is saddled with over $70 billion and recently was denied restructuring rights under Chapter 9 bankruptcy rules. Bondholders, who expect to receive returns on their investments
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Six Years Later, TARP Programs Remain Active

by Michael Tasselmyer / /

According to a recent report from the Government Accountability Office, the Department of Treasury is still managing $2.9 billion worth of assets through five non-housing programs in the Troubled Asset Relief Program (TARP), and has incurred costs of $37.
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