Puerto Rico faces enormous challenges due to its history as a colony, the state of its finances, and the devastation caused by Hurricane Maria and the US response to it. This has created a will to rebuild the island’s economy in line with a more community-owned vision.
Javier Balmaceda for The Center on Budget and Policy Priorities
Low- and moderate-income families in Puerto Rico would get a significant income boost from the Working Families Tax Relief Act, which would substantially expand the Child Tax Credit (CTC) in Puerto Rico as well as nationally and also help the Commonwealth expand its own, recently implemented Earned
Puerto Rico was in financial distress and had crumbling infrastructure before Hurricane Maria, and many residents complain of government malfeasance that exacerbated the storm’s impact, echoing criticism from Washington.
Use of the $35 billion in federal Community Development Block Grant Disaster Recovery funds for the 2017 hurricanes has been slow. Over a year after the first funds were appropriated, much of the money remains unspent because grantees in Florida, Puerto Rico, Texas, and the U.S.