Puerto Rico is in the news these days, and a lot of Americans have questions about how the island got into the trouble it was in even before Hurricane MarÃa.
U.S. CONGRESS ALMOST 4 MILLION UNITED STATES CITIZENS NEED YOUR IMMEDIATE ATTENTION
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Allow Puerto Rico protection under bankruptcy law
In order to help the island negotiate with its creditors, Puerto Rico would greatly benefit from the protections afforded to United States cities and government entities under chapter 9 bankruptcy law.
Give Puerto Rico equal Medicare coverage
As United States citizens, Puerto Ricans pay the same Medicare taxes as Americans in every state. However, the island’s healthcare system gets only half the federal funding as the rest of the country. To make up for this, the Puerto Rican government has had to further strain its already limited economic resources.
Lift Jones Act restrictions on maritime trade to Puerto Rico
The Jones Act of 1920 currently allows only American ships, among the most expensive in the world, to carry goods between the United States mainland and the island. This limits competition and increases costs.
Learn more: The Wall Street Journal | The New York Times
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