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prima:Puerto Rico towards a new fiscal crisis: this would be the worst-case scenario with the adoption of the Trump plan

For economist Juan Lara, the federal cuts could have “a very drastic effect” on the island’s budget

May 4, 2025 - 4:26 PM

On Wednesday, US Federal District Judge Laura Taylor Swain will return to Puerto Rico to hold the first government Title III hearing, a meeting that will mark the unravelling of the flood of claims. (Archivo)
So far, the government of Puerto Rico has acknowledged the halt of more than $800 million in federal allocations, which mainly impact this fiscal year.

Washington D.C. - The cuts in the federal budget, which may have greater implications starting in October, make some people wonder if the Puerto Rican government is headed for a new fiscal crisis in the coming years.

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