The events taking place in Puerto Rico –just when the leadership in the U.S. House of Representatives is expected to introduce their changes to a bill that will deal with the public financial crisis in the island– reveal the need for Congress to make way for a federal fiscal oversight board that, with significant Puerto Rican presence, will restructure the $70-billion debt and enable incentives to start us on the path towards the recovery of our government coffers and local economic development.
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The Fiscal Oversight Board is Necessary Now
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