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Medicaid funding for the USVI appears safe now that the U.S. House of Representatives passed the fiscal year 2020 federal government funding bill including the money. The Senate is expected to pass it and President Donald Trump has indicated he will sign it.
S&P Global Ratings raised the U.S. Virgin Islands' outlook from “negative” to “stable” and affirmed its “A” rating on the V.I. Public Finance Authority’s outstanding grant anticipation revenue, or "GARVEE," bonds.
The Christmas spirit of forgiveness was alive at the St. Croix Boat Parade in the Christiansted harbor Saturday night, the crowd cheered as the V.I. Water and Power Authority boat cruised by the boardwalk blaring the song Electric Avenue, occasionally cutting off its lights simulating a power outage.
Cobblestone pavers along Main Street and Post Office Square have been fully installed and the roadway is now open to vehicular traffic beginning at the entrance of Cardow, heading west towards Market Square, according to the Department of Public Works.
A new rule imposed by President Donald Trump that many sources project will take Supplementary Nutritional Assistance Program benefits – formerly known as Food Stamps – away from more than 700,000 Americans, will not immediately impact the territory.
The plight of the homeless was the topic of the song that captured the Junior Calypso King competition for 16-year-old Brian Chase. Telling the story of several homeless people living on the streets of St. Croix, Chase, put on a rousing performance.
Gov. Albert Bryan Jr. has unveiled legislation broadening the territory's new medical cannabis law, with new taxes directed mostly to the failing Government Employees Retirement System, as well as new rights for Rastafarians and other changes.
The U.S. Department of Housing and Urban Development allocated more than $2.3 billion Tuesday to support the long-term disaster recovery process in hard hit areas in 15 states and four territories. According to HUD, the U.S. Virgin Islands is getting $53.59 million of that, bringing HUD’s total USVI allocated funds to $1.92 billion.
At this year's revenue estimating conference, Internal Revenue Bureau Director Joel Lee projected a 10 percent bump in V.I. tax revenues for fiscal year 2020, but Gov. Albert Bryan Jr. is warning against using up the hoped-for increase wastefully.
The U.S. Census has opened offices on St. Croix and St. Thomas, as well as in each of the U.S. insular territories, in anticipation of the upcoming 2020 Census, Assistant Interior Secretary Doug Domenech said.