On the recordOctober 21, 2019
PROMESA does not need to be amended, it needs to be repealed.
Said by
Thomas Rivera Schatz
Source
congress.govThomas Rivera Schatz: “PROMESA does not need to be amended, it needs to be repealed.”
Editor's note · Context
Calls for the repeal of PROMESA, citing its failure to improve Puerto Rico's economic situation.
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Jan 8, 2014
One of the main impediments to reducing the mismanagement of the taxpayers' money is Congress' tendency to create a program to solve a problem rather than spending the time to determine whether or not an existing program can address the…
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The government needs to be more out of the way rather than trying to force its own view on how jobs should be created
Jan 8, 2014
Yes, I do. We've also supported repealing Davis-Bacon and the service contracts.
Oct 21, 2019
PROMESA is not working, and for proposing a fix to what is, in our opinion, unfixable.