On the recordOctober 21, 2019
The Congress crafted PROMESA with bipartisan support but the goal of that was always to ensure that it regains financial credibility.
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congress.govThe Congress crafted PROMESA with bipartisan support but the goal of that was always to ensure that it regains financial credibility.
Bishop discusses the intent behind the PROMESA legislation for Puerto Rico's financial recovery.
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Three years ago this Committee crafted a bi-partisan compromise between the then Republican-controlled Congress and the Obama administration Treasury Department to help bring stability to Puerto Rico's quickly unraveling debt crisis.
Let's face it, the problems that Puerto Rico is facing right now, that the island is facing, simply come from a lot of bad decisions that were made in past governments.