Activists Demand Cancellation of Puerto Rico’s $72 Billion Public Debt

HeadlineMar 14, 2019
H16 puerto rico debt rally

And in New York City, activists rallied outside federal court in Manhattan Wednesday, where a judge is overseeing Puerto Rico’s municipal bankruptcy proceedings—the largest such case in U.S. history. The protesters are demanding Judge Laura Taylor Swain cancel Puerto Rico’s $72 billion debt. This is activist Nicole Torres-Bruno.

Nicole Torres-Bruno: “You have people depopulating the island because their pensions are cut nearly in half. I know civil service people that if they are to retire tomorrow, they’ll only receive 42 percent of their pension. And governmental workers in Puerto Rico are not eligible for Social Security. So where does that leave them? … There’s more than 300 schools that have been closed in Puerto Rico. This is nothing short of Wall Street abuse and tactical steps toward extermination.”

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