Vice Chair Crowley Statement on Passage of Legislation to Address the Debt Crisis in Puerto Rico
(Washington, D.C.) – Today, Rep. Joe Crowley (D-Queens, the Bronx), Vice Chair of the Democratic Caucus, released the statement below following his vote in favor of H.R. 5278, the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA), bipartisan legislation to address Puerto Rico’s debt crisis. The bill passed the House of Representatives by a vote of 297-127.
“Puerto Rico is in a crisis, and it is up to Congress to act. While this legislation isn’t perfect, I believe it is a pathway to sustainability for the island.
“However, this bill is only a first step. We now need to address outstanding issues, such as treating Puerto Rico fairly under Medicare and Medicaid regulations, enacting fair tax policies that support Puerto Rican families and businesses, and promoting economic growth initiatives to help put people back to work.
“Puerto Rico deserves a future that is bright and prosperous for all its citizens. That’s why I supported this legislation and will continue to support efforts that help lift up the island and its people.”