Tuesday Mar 4
New Mexico Governor to Unveil GOP Candidates Plan
New Mexico Gov. Susana Martinez is set to unveil a plan aimed at electing "75 diverse candidates" and 150 women to office as Republicans.
Puerto Rico Turns to Surgical Staplers to Lift Economy After Cut
Facing 15 percent unemployment, a shrinking economy and junk grades from the three largest credit raters, Puerto Rico sees a way out with surgical equipment, contact lenses and warm beaches.
The Huffington Post
Puerto Rico Statehood Resolution Introduced In Senate
A member of the U.S. Army Honor Guard salutes the Puerto Rican and U.S. flags during the inaugural ceremony for governor-elect Alejandro Garcia Padilla, at the Capitol building in San Juan, Puerto Rico, Wednesday, Jan. 2, 2013.
The Big Picture
More on Puerto Rico Debt
To delve into the details and determine what to make of them, we will begin by excerpting from the IRS notice regarding the Puerto Rican excise tax, linked here: PDF .
Puerto Rico: Junk bond status
S&P on Tuesday lowered Puerto Rico's general obligation bond rating to double-B-plus from triple-B-minus, stripping the island of its investment grade rating.