While the media keeps on focusing its cameras on the aesthetic nature of the primaries, Puerto Rico’s worsening economic situation is still continuing without getting the attention of many. The national debt has gone up to 72 billion dollars and the approximate debt for each citizen is around 20.700 dollars.
The current congress, also known as the 114th Congress, is trying to take steps in bringing a stop to this crisis or at least improve the current situation. There are about 65 bills and 2 resolutions that will have an effect on the situation in Puerto Rico. Approximately 25 of these bills are directly related to Puerto Rico.
These bills are sponsored by various Congressmen including Pedro Pierluisi, Orrin Hatch, Nydia Velazquez, Robert Menendez, Richard Blumenthal, Stacey Plaskett, Bill Pascrell, Elizabeth Warren, Sean Duffy, Bill …show more content…
Menendez, another Democrat, has introduced 4 bills, where each of them would bring big changes if enacted. Menendez got the attention of the media when he publicly introduced two of his bill during the Senate on March 15th. This package includes Puerto Rico Stability Act (S. 2676) and the Puerto Rico Recovery Act (S. 2675). He has also said the following about his mission,
“I rise to introduce a comprehensive stability and recovery package that restores fairness, ensures accountability, and gives Puerto Rico the tools it needs to dig itself out of this hole. And I rise to implore this Congress to act before it’s too late.”
Currently, the Congress is being quiet about the bills concerning Puerto Rico. All of the 25 bills that will have a direct impact on Puerto Rico have been referred to their relevant committees and none of them have been reported by the committee yet. It is known that a few of Pierluisi’s bills have been waiting for more than a year.
To get a better look at the bills and their possible outcomes, let’s take a look at this
The current congress, also known as the 114th Congress, is trying to take steps in bringing a stop to this crisis or at least improve the current situation. There are about 65 bills and 2 resolutions that will have an effect on the situation in Puerto Rico. Approximately 25 of these bills are directly related to Puerto Rico.
These bills are sponsored by various Congressmen including Pedro Pierluisi, Orrin Hatch, Nydia Velazquez, Robert Menendez, Richard Blumenthal, Stacey Plaskett, Bill Pascrell, Elizabeth Warren, Sean Duffy, Bill …show more content…
Menendez, another Democrat, has introduced 4 bills, where each of them would bring big changes if enacted. Menendez got the attention of the media when he publicly introduced two of his bill during the Senate on March 15th. This package includes Puerto Rico Stability Act (S. 2676) and the Puerto Rico Recovery Act (S. 2675). He has also said the following about his mission,
“I rise to introduce a comprehensive stability and recovery package that restores fairness, ensures accountability, and gives Puerto Rico the tools it needs to dig itself out of this hole. And I rise to implore this Congress to act before it’s too late.”
Currently, the Congress is being quiet about the bills concerning Puerto Rico. All of the 25 bills that will have a direct impact on Puerto Rico have been referred to their relevant committees and none of them have been reported by the committee yet. It is known that a few of Pierluisi’s bills have been waiting for more than a year.
To get a better look at the bills and their possible outcomes, let’s take a look at this