SAN JUAN, Puerto Rico — Puerto Rico legislators on Friday rushed to try to approve a budget amid debate on how best to revive the U.S. territory’s economy, which the New York Federal Reserve president warns has not yet bottomed out. The proposed $9.8 billion operating budget proposes a flurry of new taxes while seeking to boost the island’s education system and rescue a crumbling public pension system. The local House of Representatives recently approved the budget, but is meeting again to evaluate several amendments that the Senate sought to add. More business newsDaughter’s road to independence shouldn’t rely on mom’s car...
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