Showing posts with label STATEMENT FROM STATE SENATOR GUSTAVO RIVERA ON CONGRESSIONAL REPUBLICANS' INACTION TO PROVIDE PUERTO RICO WITH NECESSARY DEBT RELIEF. Show all posts
Showing posts with label STATEMENT FROM STATE SENATOR GUSTAVO RIVERA ON CONGRESSIONAL REPUBLICANS' INACTION TO PROVIDE PUERTO RICO WITH NECESSARY DEBT RELIEF. Show all posts

Thursday, December 17, 2015

STATEMENT FROM STATE SENATOR GUSTAVO RIVERA ON CONGRESSIONAL REPUBLICANS' INACTION TO PROVIDE PUERTO RICO WITH NECESSARY DEBT RELIEF



GOVERNMENT HEADER



"The decision by congressional Republicans to completely disregard the plight of the Puerto Rican government and deny them much needed debt relief is disappointing, disturbing and unforgivable. By not granting the Puerto Rican government the ability to responsibly renegotiate and restructure their $72 million dollar debt, Republicans have turned their backs on the 3.5 million U.S. citizens living on the island. The impact of this irresponsible decision will likely cause the island to default and will create an unprecedented humanitarian crisis that will affect generations to come.

The Puerto Rican diaspora throughout the United States will continue to organize in an effort to make it clear to Republicans that we will not stand idly by while they leave fellow Americans behind in a withering economy.

Make no mistake, this decision is irresponsible, but together we can hold  the Republican Party accountable and prevail."