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Presidential candidates react to Puerto Rico crisis

Presidential candidates react to Puerto Rico crisis

Puerto Rico’s crisis is garnering attention in national circles. Following reports of Senators Schumer and Blumenthal’s intention to file a bill extending Chapter 9 bankruptcy protection to Puerto Rico, we have started to hear reactions from presidential candidates.

Former Maryland governor Martin O’Malley was the first to issue a statement, saying “As a nation we must help our fellow U.S. citizens not only because it’s the right thing to do, but because our region’s economic stability depends on it.” He also called on Congress to approve HR 870, Resident Commissioner Pedro Pierluisi’s counterpart bill to Schumer’s and Blumenthal’s, and noted Puerto Rico’s unequal treatment on Medicare, Medicaid and the Affordable Care Act. O’Malley’s attention to Puerto Rico is not exactly unexpected, since his campaign has been making moves in the territory, and seems to be active on social media dedicated to Puerto Rico.

Hillary Clinton followed O’Malley, making a brief statement on Twitter:

As of publishing time, it is unclear what Clinton means by real tools and real support. Her reaction might be seen by some as rebuff to the Obama administration, which has adamantly denied the possibility of a bailout, and has not even endorsed Pierluisi’s bill in Congress (although that might actually help the bill).

Jeb Bush has expressed his support for Puerto Rico to have access to Chapter 9 bankruptcy as well.

UPDATE

Hillary Clinton has expanded her statement, now fully supporting the inclusion of Puerto Rico in Chapter 9 bankruptcy protection for its municipalities and utilities. In a statement, she said:

“Congress and the Obama administration need to partner with Puerto Rico by providing real support and tools so that Puerto Rico can do the hard work it will take to get on a path toward stability and prosperity.

As a first step, Congress should provide Puerto Rico the same authority that states already have to enable severely distressed government entities, including municipalities and public corporations, to restructure their debts under Chapter 9 of the bankruptcy code.”

About The Author

William-Jose Velez Gonzalez

William-José Vélez González is a native from Mayagüez, Puerto Rico, and a graduate from Florida International University in biomedical engineering, engineering management, and international relations. A designer with a strong interest in science, policy, and innovation, he previously served as the national executive vice president of the Puerto Rico Statehood Students Association. William-José lives in Washington, DC, where he works at the Children's National Research Institute and runs Opsin, a nonprofit design studio dedicated to making design more accessible. You can see him on Love is Blind as Lydia's brother. He is the founder and Editor in Chief of Pasquines.

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  1. Puerto Rico on the brink | All the politics - […] Presidential candidates Martin O’Malley and Hillary Clinton react to Puerto Rico crisis. […]

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