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Gillibrand eyes $154B 'Marshall-style' plan for Puerto Rico, Virgin Islands

Gillibrand eyes $154B 'Marshall-style' plan for Puerto Rico, Virgin Islands

As President Donald Trump brought up in the days after the storm, Puerto Rico's debt exceeds $70 billion, brought on partially by a lack of tax revenue after Congress repealed a tax break for businesses on the island in 1976.

Democratic Gov. Dannel P. Malloy says the troopers, 12 of whom are fluent in Spanish, will patrol and provide security and traffic assistance along with the island's local police.

"It is absolutely without any sense at all to rebuild Puerto Rico's antiquated, centralized, and inefficient electric grid that was dependent on expensive and dirty imported fossil fuels", Sanders said in a press conference where he introduced the bill, adding that with the nickname "La Isla Del Sol", the island could be leading the way in the use of solar power and other sustainable energy.

The 10 person team will leave New Orleans on Thursday and return on December 15th.

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With its large Puerto Rican population, CT has taken various steps to help both residents living on the island and evacuees who've relocated to the state since Hurricane Maria hit the island two months ago. A companion bill will be introduced in the House.

What did Sanders say about the bill?

"He has disregarded our ability to rebuild and transform the island". The plan includes immediate relief for the island's cash-strapped government, billions more for economic development and renewable energy and Medicaid and Medicare parity, a key priority for the island.

Calling on the federal government to bring its "full resources to bear" on the crisis in Puerto Rico and the U.S. Virgin Islands, Sen. The island has a further $50 billion in unfunded pension liabilities. And when he launched his presidential bid, it was more of a solo protest effort rather than as the leader of a movement. Kirsten Gillibrand, D-N.Y.; Kamala Harris, D-Calif.; and Warren - routinely floated as 2020 presidential candidates.

In October, 17 Republican senators already voted against a $36.5 billion bipartisan disaster recovery bill that included $4.9 billion in loans for Puerto Rico and other territories destroyed by hurricanes, the Huffington Post reported. The Virgin Islands' delegate to Congress, Democratic Rep. Stacey Plaskett, Rep. Nydia Velázquez of NY, and Rep. Darren Soto of Florida are introducing the House version. "Senator Sanders also shows a great deal of respect and faith in us when claiming that the recovery or Puerto Rico must be in Puerto Rican hands".