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Hillary Clinton Statement on the Proposed House Bill for Puerto Rico

May 20, 2016

Hillary Clinton released the following statement about the proposed bill in the House of Representatives on the Puerto Rican Debt crisis:

"The House Natural Resources Committee reached an agreement on a bipartisan bill to address the Puerto Rican debt crisis. While I have serious concerns about several provisions in this bill, including the creation of an oversight board that would exert substantial control over Puerto Rico, I believe that we must move forward with this legislation. Otherwise, without any means of addressing this crisis, too many Puerto Ricans will continue to suffer. However, as this bill moves forward, I will work to ensure that concerns about the oversight board are addressed and any such entity includes members that will act in the best interest of Puerto Ricans -- protecting their health, their pensions, and their well-being. We can no longer sit idly by while hedge funds seek to maximize their profits at the island's expense. That's why I will continue to stand with the Puerto Ricans to ensure that they can put their economy back on a path of stability and prosperity, including the steps I am committed to take as President to provide equality in critical federal programs."

Hillary Clinton, Hillary Clinton Statement on the Proposed House Bill for Puerto Rico Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/318683

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