For Immediate Release

Organization Profile: 
Contact: 

Darcey Rakestraw, 202-683-2467; drakestraw@fwwatch.org

Puerto Rico Debt Cancelation Bill “First Step Towards a Just and Equitable Recovery”

WASHINGTON - Yesterday, Senators Elizabeth Warren and Bernie Sanders introduced the “U.S. Territorial Relief Act of 2018” that would cancel tens of billions of dollars of Puerto Rico’s debt and relieve the debt of other U.S. territories ravaged by hurricanes.

In response, Food & Water Watch Executive Director Wenonah Hauter issued the following statement:

“We applaud Senators Warren and Sanders for introducing this important bill that will help the recovery of Puerto Rico and other territories ravaged by climate disasters. Before Hurricane Maria, Puerto Rico was ravaged by another disaster: austerity. Policies directed at enriching Wall Street and impoverishing communities are terrible in the best of times. After Hurricane Maria, austerity measures and privatization threats as a response to Puerto Rico’s mounting debt proved cataclysmic for humanitarian efforts and the island’s recovery.

“Congress must pass this bill. It is a first step towards a just and equitable recovery that prioritizes safe food, clean water, and sustainable energy over Wall Street profits.”

###

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

Food & Water Watch is a nonprofit consumer organization that works to ensure clean water and safe food. We challenge the corporate control and abuse of our food and water resources by empowering people to take action and by transforming the public consciousness about what we eat and drink.

Share This Article