Although not expected to affect federal funding, new estimates on the number of people on the island could have an impact on fiscal policy
Although not expected to affect federal funding, new estimates on the number of people on the island could have an impact on fiscal policy
August 22, 2022 - 5:25 PM
The 174,000 population overcount in Puerto Rico that the Census Bureau released last week - one of the most significant statistical errors identified among all U.S. jurisdictions that participated in the 2020 Census - casts doubt on economic projections for Puerto Rico, whose government began implementing a Debt Adjustment Plan just five months ago and which relies heavily on an unprecedented flow of federal funds to leave behind a recession that has spanned 15 years.
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