Puerto Rico Default Underlines Need to Prevent Bailout, Pass PROMESA

Yesterday, Puerto Ricodefaulted on a $422 million loan, exacerbating the financial crisis in the U.S. territory. Without congressional action, things in Puerto Rico are going to go from bad to worse. The House bill, thePuerto Rico Oversight, Management, and Economic Stability Act(PROMESA), prevents a federal bailout by taxpayers and is [...]

By |2020-07-29T14:04:59-04:00May 3rd, 2016|Press|Comments Off on Puerto Rico Default Underlines Need to Prevent Bailout, Pass PROMESA

Pass PROMESA, Secure Puerto Rico’s Future

This opinion editorial originally ran in the Orlando Sentinel on April 26, 2016. Reading about the financial challenges happening in Puerto Rico, I am reminded of stories fellow parents tell of their college-aged children. Living life on the verge of independence, our sons and daughters venture closer to self-sufficiency; yet, [...]

By |2020-07-29T14:07:03-04:00April 26th, 2016|Press|Comments Off on Pass PROMESA, Secure Puerto Rico’s Future

Florida Group Adds to Conservative Support of PROMESA

J. Robert McClure, president and CEO of the James Madison Institute, published a columnin the Orlando Sentinel this morning in favor of the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA). Calling PROMESA a “responsible action to aid in the economic growth, strategic development and future success of Puerto [...]

By |2020-07-29T14:07:29-04:00April 26th, 2016|Press|Comments Off on Florida Group Adds to Conservative Support of PROMESA
Go to Top