Puerto Rico's debt crisis, if left unaddressed by the U.S. Congress where legislation has stalled in the House Natural Resources Committee, will result in the need to pay for a humanitarian aid package, Congressman Raul Grijalva said on Thursday.
Grijalva, the ranking Democrat on the HNRC from Arizona, said in a teleconference with reporters that it is an "either/or" situation as Puerto Rico faces $70 billion in debt it cannot pay off and a growing humanitarian crisis because it cannot afford maintaining basic social services.
"Either we begin this process, stabilize, create some carve out opportunities for essential services and/or wait for the crisis to get worse and then have to respond with humanitarian relief," Grijalva said, adding that a new draft of the bill had not been made available as of Thursday morning.
Grijalva, the ranking Democrat on the HNRC from Arizona, said in a teleconference with reporters that it is an "either/or" situation as Puerto Rico faces $70 billion in debt it cannot pay off and a growing humanitarian crisis because it cannot afford maintaining basic social services.
"Either we begin this process, stabilize, create some carve out opportunities for essential services and/or wait for the crisis to get worse and then have to respond with humanitarian relief," Grijalva said, adding that a new draft of the bill had not been made available as of Thursday morning.