Eric LeCompte, Executive Director of Jubilee USA was recently featured in The Washington Post speaking on Puerto Rico. Read excerpt below and follow link to full article.
Puerto Rico Rescue Bill Clears Congress Days Before Debt Cliff
By: Mike DeBonis and Steven Mufson
"'There can be no economic growth in Puerto Rico until the debt is restructured, so the legislation is an absolutely essential first step,' said Eric LeCompte, executive director of Jubilee USA, a network of mainly religious advocacy groups focused on global debt relief. 'But I think in terms of the real issues facing the island, we are just getting to the end of the beginning. This is not the beginning of the end.'
In the near term, LeCompte said, the appointments to the oversight board will have significant bearing on Puerto Rico’s path forward. Over the longer term, the island faces bigger questions about how it can reverse its economic decline and whether to revisit its status as a U.S. territory."
Read more here.