Puerto Rico faces looming Medicaid crisis
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Yeah, well, we've got medical problems in our "remote" towns in the US.
We have a "looming" healthcare crises in USA too!
Get your own Island up and running and solve your own problems YOU brought on yourselves with your corrupt government wasting and stealing your money.
Clear your own roads!
We sure do!! Especially with all these illegal alien breeders and excess legal immigration folks, too. We don't have the resources to fund all this freeby health care crap. It robs those who could at one time afford their own good coverage and downgrades and depletes the entire system to such a degree they are killing older American patients in hospitals just to get them off the books. What's going on is criminal and must be stopped!!
Puerto Rico hurricane death toll rises by four to 43
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By Hugh Bronstein
,Reuters•October 10, 2017
Trump asks Congress for $4.9 billion loan to Puerto Rico
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By Roberta Rampton
,Reuters•October 10, 2017
Death toll in Puerto Rico rising as needed relief yet to reach parts of the island
WASHINGTON (Reuters) - U.S. President Donald Trump asked Congress on Tuesday for a $4.9 billion loan to help the cash-strapped Puerto Rican government pay its bills as it struggles to recover from Hurricane Maria, an administration official said.
Puerto Rico Governor Ricardo Rossello had asked for help with lines of credit in late September, saying his government was in a bind and did not expect to have any near-term revenue.
Weighed down by nearly $72 billion in debt, Puerto Rico struggled with liquidity even before the most powerful hurricane in almost 90 years wiped out the island's power grid, homes, and other infrastructure nearly three weeks ago.
The territory, home to 3.4 million Americans, declared bankruptcy in May.
The community disaster loan proposed by the Trump administration would include a $150 million advance, the administration official said, speaking on condition of anonymity. Further details of the loan were not immediately available.
"The $4.9 billion loan would help them with short-term liquidity problems in financing," such as payroll and pensions, the official said. "The money cannot be used for debt service."
On Saturday, Rossello wrote to Trump pleading for a broad assistance package of at least $4.6 billion through a variety of government programs in what he called a "down payment on hurricane recovery efforts" as the island assesses the damages.
"Absent extraordinary measures to address the halt in economic activity in Puerto Rico, the humanitarian crisis will deepen," Rossello said in the letter, warning the situation could lead to an exodus from the island to the mainland United States.
Moody's last week estimated the hurricane’s total cost to Puerto Rico, including lost output, at $45 billion to $95 billion.
The Trump administration and Congress have so far focused their funding efforts on immediate disaster relief. The U.S. House of Representatives is expected to this week consider a request for an additional $13 billion in disaster relief funds for hurricane victims in Puerto Rico, Texas and Florida.
The White House has also asked federal agencies to estimate by Oct. 25 how much money will be needed for longer-term rebuilding after the hurricanes.
https://www.yahoo.com/news/trump-ask...-business.html
Can we get guaranteed resort towns with $$$profits, marketed hotels, etc and take a % off the top for this loan? What are we getting for this loan? More welfare dependent breeders?
That is why the island never did well - all dependent on a system that is abetting low level living instead of uplifting to make profits as neighboring islands do; that was never the goal and should have been.
And rebuilding for more storms in mind is a must - can we stop with the incompetence? The populations often times in USA are involved with drug related activities; the neighborhoods are filled with crime - police don't even bother. Many are on the dole, welfare, ssi etc. Can't even go to the corner store w/o being robbed, 12 yr old girls readily available, houses with drugs set up to buy like a store. Anything goes.
NO LOANS...NO MORE BAILOUTS!
THEY WILL NOT PAY IT BACK...THERE MUST BE STRINGS ATTACHED THAT GUARANTEES REPAYMENT THROUGH A TAX ON GOODS AND SERVICES THAT GOES DIRECTLY TO PAY THE LOAN!