Eric LeCompte, Executive Director of Jubilee USA was recently featured in National Catholic Reporter speaking on Puerto Rico. Read excerpt below and follow link to full article.
Puerto Rico's Creditors Push Congress to Stop Bankruptcy Process
By: Michael Sean Winters
"'We've kept Puerto Rico on Congress' agenda, even though Congress is pretty distracted with other issues,' LeCompte told NCR. 'We've been moving forward bipartisan recommendations to provide the same health care financing and child tax benefits to American citizens in Puerto Rico that citizens receive in the 50 states. This is important because we need more financing for Puerto Rico to ensure average people are protected as Puerto Rico restructures its debt.'
'Some of the creditors are back in full force on Capitol Hill, and they are trying to stop the bankruptcy process. There even have been efforts to delay health care and child benefit financing by some of the creditors,' LeCompte added. 'Some of the creditors are desperate because they will profit less with an orderly bankruptcy process that protects interests of the people on the island. As always we see Members of Congress on both sides of the aisle influenced by the powerful creditor lobby. But I still have great hope and know we will win because both Republican and Democratic leadership firmly supports our efforts for the people of Puerto Rico.'"
Read more here.