Treasury Department Slashes Puerto Rico’s Disaster Relief Loan Fund

Porto-Rico

Published on Feb 28, 2018

Democracy Now!
Puerto Rico’s Governor Ricardo Rosselló said the U.S. Treasury Department has unexpectedly slashed the disaster relief loan for the island after Hurricane Maria. The loan has been cut to $2 billion—down from $4.7 billion. This comes as the Army Corps of Engineers says parts of Puerto Rico will not have electricity restored until the end of late May—eight months after the hurricane hit the island.

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