Puerto Rico’s Fiscal Future: What’s Next for America’s Largest Territory?

Less than 1,000 miles off the coast of Florida, Puerto Rico is suffering from an unprecedented financial collapse that has left the territory with a nearly 50% poverty rate and $72 billion in debt.

On November 17, The Hill and The Capitol Forum held a policy discussion on Puerto Rico’s fiscal crisis. Policymakers, economists, and academics explored the potential for government intervention, the prospects for pro- and anti-bankruptcy stakeholders, and the effect of Puerto Rico’s debt crisis on the 2016 elections and beyond.

Featured speakers included:

Resident Commissioner Pedro Pierluisi (D-PR)
Jon Bouker, Partner, Arent Fox
Mark Calabria, Ph.D., Director of Financial Regulation Studies, The Cato Institute
Jeffrey Farrow, Chairman, The Oliver Group
Eric LeCompte, Executive Director, Jubilee USA
Arturo Porzecanski, Ph.D., Professor & Distinguished Economist in Residence, School of International Service, American University
The Hon. Steven Rhodes (Ret.), U.S. Bankruptcy Court, Eastern District of Michigan
Eric Schnurer, Founder & President, Public Works, LLC

*due to an unforeseen scheduling conflict, Rep. Steve King (R-IA-4) was unable to participate in the program

Share your thoughts on this event with @thehillevents using #PuertoRicoForum