For Immediate Release
Lydia Andrews, Deputy Director, email@example.com, (202) 783-3566 x109
Senate Bill Offers Debt Relief for Puerto Rico
WASHINGTON - New Senate legislation offers additional options for Puerto Rico to cut its debt. Senators Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Kirsten Gillibrand (D-NY), Ed Markey (D-MA) and Kamala Harris (D-CA) introduced the US Territorial Relief Act. If Congress passes the act, US Territories that experience natural disasters could qualify for debt relief.
Both Puerto Rico and the US Virgin Islands likely meet the Senate Bill's eligibility requirements.
Read the U.S. Territorial Relief Act of 2018
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