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Representative Duffy Pushes Puerto Rico Bankruptcy Legislation


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Representative Duffy Pushes Puerto Rico Bankruptcy Legislation

Jubilee USA

WASHINGTON - Representative Sean Duffy (R-WI) is calling on Congress to intervene in Puerto Rico's debt crisis. In a speech on the House floor, Duffy said, "we can't turn a blind eye" to "our brothers and sisters on the island." Duffy introduced the "Puerto Rico Financial Stability and Debt Restructuring Choice Act" to extend bankruptcy protection and create an independent financial review board for the debt troubled island. Puerto Rico owes $72 billion in debt and faces a nearly 1 billion dollar payment come January.

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