Eric LeCompte is quoted in Reuters regarding the introduction of the "New York Taxpayer and International Debt Crises Prevention Act" in the New York State Senate. Read an excerpt below and click here for the full story.
New York state bill seen aiding poor country debt relief
By David Lawder
WASHINGTON, Feb 17 (Reuters) - As major debt-distressed countries and major creditors discussed ways to unlock faster debt relief on Friday, legislation under consideration in New York's state legislature would push private sector creditors to participate, state lawmakers and non-profit groups say.
New York State Senator Brad Holyman-Sigal, a Democrat representing lower and parts of mid-town Manhattan, said he introduced companion legislation to the "New York Taxpayer and International Debt Crises Prevention Act" already under consideration in the state assembly.
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