1) Debt and Privatization: Puerto Rico’s debt must be addressed to ensure the territory can recover with dignity. Congress must also prevent the privatization of public institutions to benefit creditors in Puerto Rico and the Virgin Islands. Puerto Rico is struggling with an unsustainable $74.8 billion of debt, much of which is held by Wall Street creditors, with an additional $49 billion in unpaid pension obligations. The territories’ recovery should not add to existing debt.
2) Resilient and Renewable Energy: Instead of simply rebuilding an antiquated, centralized and inefficient system dependent on imported fossil fuels, the bill ensures the electric grids will be rebuilt to be more renewable and resilient, to provide less expensive electricity and create local jobs.
3) Medicaid and Medicare Parity: The health care systems in the Virgin Islands and Puerto Rico were inadequate before the hurricanes made landfall, in large part because they receive far fewer federal dollars compared to states. The bill makes Puerto Rico and the Virgin Islands eligible for the same Medicare and Medicaid benefits as the rest of America.
4) Rebuild and Improve the VA Hospital and Clinics: Appropriates necessary funds to the VA for veterans in Puerto Rico and the Virgin Islands.
5) Improve Public Schools, Colleges, and Childcare Facilities: In addition to rebuilding damaged schools and childcare facilities, we must face the fact that many of these facilities were inadequate before the storms hit. Hundreds of public schools in Puerto Rico have been closed because of austerity policies and schools in the Virgin Islands are struggling to prepare students for college and future careers. The bill appropriates necessary funds for services and facilities for public Head Start, elementary, secondary and higher education.
6) Invest in Infrastructure and Spur Economic Development: Underfunded infrastructure in Puerto Rico and the Virgin Islands contributed to the severity of the damage from Hurricanes Irma and Maria. In addition to rebuilding damaged facilities, the legislation would make significant investments in the islands’ physical infrastructure to spur the local economy and create jobs.
7) Environmental Cleanup: Puerto Rico and the Virgin Islands have significant environmental contamination related to the hurricanes, prior pollution and a legacy of military bombing exercises on Vieques. The legislation would provide grants to the EPA, the Department of the Interior and the Department of Defense for environmental remediation.