Let #PuertoRico File for Bankruptcy- BP, Pols Say

Let #PuertoRico File for Bankruptcy- BP, Pols Say 

BRONX, NEW YORK (BRONX NEWS)- Borough President Ruben Diaz Jr. has issued a letter, in conjunction with over 100 elected officials from across the nation, demanding immediate action from Congress to enact legislation that will allow the Commonwealth of Puerto Rico to enter bankruptcy.

The letter can be read here:http://on.nyc.gov/1Wh8Vdz.

“The interests of the Puerto Rican community, whether they are in Puerto Rico, New York, New Jersey, California, Illinois, Pennsylvania, Ohio, Florida or anywhere else are American interests. Congress has an obligation to act and pass legislation that seeks to amend the Federal bankruptcy code and provide Puerto Rico, and its related power authorities and municipalities, access to Chapter Nine Bankruptcy protections,” states the letter.

The magnitude of debt owed by the Commonwealth of Puerto Rico and its associated debt issuing authorities is at a critical juncture. Congress’ failure to address this crisis presents a substantial threat not only to the economy of Puerto Rico, but the United States economy as a whole.

“I am appreciative that so many elected officials from across the United States understand the need for federal action to address Puerto Rico’s ongoing debt crisis and were willing to join forces with my office to push Congress on this issue,” said Borough President Diaz. “I will continue to work with my colleagues to advocate for a remedy to the crushing fiscal crisis facing the commonwealth.”

List of elected officials signing the letter:

Bronx Borough President Ruben Diaz Jr.

NYS Assembly Speaker Carl E. Heastie

NYS Senator Jeffrey Klein

NYC Council Speaker Melissa Mark-Viverito

NYC Council Majority Leader Jimmy Van Bramer

Brooklyn Borough President Eric Adams

Manhattan Borough President Gale Brewer

Queens Borough President Melinda Katz

Hudson County NJ Board of Chosen Freeholders Chairman E. Junior Maldonado Chairman

Mayor of Hartford, CT Pedro E. Segarra

Mayor of Yonkers, NY Mike Spano

Mayor of New London, CT Justin Finizio

Mayor of Paterson, NJ Jose ‘Joey’ Torres

NYS Senator Tony Avella

NYS Senator David Carlucci

NYS Senator Leroy Comrie

NYS Senator Rev. Ruben Diaz

NYS Senator Martin Dilan

NYS Senator Adriano Espaillat

NYS Senator Michael Gianaris

NYS Senator Jesse Hamilton

NYS Senator Ruth Hassell-Thompson

NYS Senator Brad Hoylman

NYS Senator Liz Krueger

NYS Senator Velmanette Montgomery

NYS Senator Kevin Parker

NYS Senator Jose Peralta

NYS Senator Bill Perkins

NYS Senator Gustavo Rivera

NYS Senator Diane Savino

NYS Senator Jose M. Serrano

NYS Senator Toby Stavisky

NJS Senator Nilsa Cruz-Perez

NJS Senator Nellie Pou

NJS Senator M. Teresa Ruiz

Florida State Senator Darren Soto

NYS Assembly Member Thomas J. Abinanti

NYS Assembly Member Carmen Arroyo

NYS Assembly Member Michael Blake

NYS Assembly Member Michael Benedetto

NYS Assembly Member Marcos Crespo

NYS Assembly Member Maritza Davilla

NYS Assembly Member Michael DenDekker

NYS Assembly Member Erik Dilan

NYS Assembly Member Jeffrey Dinowitz

NYS Assembly Member Herman D. Farrell

NYS Assembly Member Mark Gjonaj

NYS Assembly Member Deborah Glick

NYS Assembly Member Richard Gottfried

NYS Assembly Member Latoya Joyner

NYS Assembly Member Brian Kavanagh

NYS Assembly Member Charles Lavine

NYS Assembly Member Guillermo Linares

NYS Assembly Member Shelley Mayer

NYS Assembly Member Walter T. Mosley

NYS Assembly Member Francisco Moya

NYS Assembly Member Felix Ortiz

NYS Assembly Member Amy Paulin

NYS Assembly Member Victor Pichardo

NYS Assembly Member Diana Richardson

NYS Assembly Member Jose Rivera

NYS Assembly Member Annette Robinson

NYS Assembly Member Robert Rodriguez

NYS Assembly Member Linda Rosenthal

NYS Assembly Member Rebecca Seawright

NYS Assembly Member Luis Sepulveda

NYS Assembly Member Michael Simanowitz

NYS Assembly Member Jo Anne Simon

NYS Assembly Member Aravella Simotas

NYS Assembly Member Michaelle C. Solages

NYS Assembly Member Matthew Titone

NYS Assembly Member David Weprin

NYS Assembly Member Keith Wright

Connecticut Representative Angel Arce

Connecticut Representative Juan Candelaria

Connecticut Representative Matt Lesser

Connecticut Representative Jason Rojas

Connecticut Representative Christopher Rosario

Connecticut Representative Edwin Vargas

NJ Assembly Member Carmelo Garcia

NJ Assembly Member Annette Quijano

NYC Council Member Maria del Carmen Arroyo

NYC Council Member Fernando Cabrera

NYC Council Member Andrew Cohen

NYC Council Member Costa Constantinides

NYC Council Member Laurie Cumbo

NYC Council Member Inez Dickens

NYC Council Member Daniel Dromm

NYC Council Member Rafael Espinal

NYC Council Member Julissa Ferreras-Copeland

NYC Council Member Dan Garodnick

NYC Council Member Vanessa Gibson

NYC Council Member Corey Johnson

NYC Council Member Andrew King

NYC Council Member Karen Koslowitz

NYC Council Member Rory Lancman

NYC Council Member Brad Lander

NYC Council Member Stephen Levin

NYC Council Member Mark Levine

NYC Council Member Alan Maisel

NYC Council Member Carlos Menchaca

NYC Council Member Rosie Mendez

NYC Council Member I. Daneek Miller

NYC Council Member Annabel Palma

NYC Council Member Antonio Reynoso

NYC Council Member Donovan Richards

NYC Council Member Ydanis Rodriguez

NYC Council Member Helen Rosenthal

NYC Council Member Ritchie Torres

NYC Council Member James Vacca

NYC Council Member Jumaane Williams

Detroit City Council Member Raquel Castaneda-Lopez

Philadelphia Council Member Maria Quinones Sanchez

Philadelphia Council Member Blondell Reynolds Brown

Massachusetts State Representative Marcos Devers

#PuertoRico #Bankruptcy