What is The Economic Recovery Initiative – Puerto Rico? We are business leaders who value the special relationship that exists between the U.S. mainland and Puerto Rico.

Congress and the Trump Administration must take steps to restore stability to the island.

The crisis could be extremely costly for the people of Puerto Rico and U.S. taxpayers alike.


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Latest News

By Manuel R. De Juan von Waldkirch, Orlando Sentinel Puerto Rico’s situation reminds me of the movie “Cast Away.” After struggling to survive, the castaway awakes to intermittent sounds: thuds. Minutes go by. Thud! He fears there is someone else on the island. He yells, “Who’s there?” No answer. Later, a coconut falls next to… read more

By Sarah Ruiz-Grossman, Huffington Post Puerto Rico was hit by a massive blackout this week, wiping out electricity across the island. And it’s likely just the latest of many more to come, as the U.S. territory continues to recover from Hurricane Maria. On Wednesday, more than 1.4 million people in Puerto Rico found themselves without… read more

By Adam Rogers, WIRED AND THEN THE lights went out. Again. The loss of electrical power in Puerto Rico and the US Virgin Islands after Hurricane Maria churned across the islands in September 2017 was already the second-biggest blackout in the history of power on Earth—3.4 billion lost customer-hours. But in recent weeks, various agencies… read more

By Associated Press, NBC News SAN JUAN, Puerto Rico — Puerto Rico’s Department of Education announced Thursday that it will close 283 schools this summer following a sharp drop in enrollment amid the island’s long economic slump and the continued departure of families after Hurricane Maria. Education Secretary Julia Keleher said there would be no… read more

By DANNY VINIK, POLITICO The federal government significantly underestimated the potential damage to Puerto Rico from Hurricane Maria and relied too heavily on local officials and private-sector entities to handle the cleanup, according to a POLITICO review of the Federal Emergency Management Agency’s plan for the disaster. The plan, which was developed by a FEMA… read more