05 Mar White Household Task Push toward Puerto Rico
An effective Roadmap to own Congressional Action to handle the new Drama during the Puerto Rico
The 3.5 billion American citizens who happen to live during the Puerto Rico is facing a serious crisis. Puerto Rico might have been mired into the ten years much time recession, when more three hundred,000 Puerto Ricans remaining the newest area while the savings shrunk and you may unemployment leaped. The newest Commonwealth has already first started defaulting on the their obligations, that has led to slices within the wellness, degree and you can social safeguards attributes. Puerto Rico cannot resolve their crisis by yourself.
On the a good singed new S. 2328: Puerto Rico Supervision, Management, and you will Financial Stability Work that may bring Puerto Rico towards support it has to restructure its expenses, render financial supervision, safeguard important societal services, and you will protect public retirement benefits.
Position to Congress towards Puerto Rico
When Chairman Obama grabbed workplace during 2009, he closed Executive Buy 13517 so you can replace brand new President's Task Push to your Puerto Rico to deal with the problem from Puerto Rico's condition therefore the procedure wherein one to topic is going to be resolved.