P.R. seeks $94B federal relief aid
WASHINGTON — Puerto Rico’s governor is asking the federal government for $94.4 billion as the island struggles to recover from the damage inflicted by Hurricane Maria.
Ricardo Rossello also urged Congress to adopt a tax overhaul plan that addresses the territory’s specific needs and prevents an exodus of the companies that currently generate 42% of the island’s Gross Domestic Product.
The governor said Monday that he will formally make his request to the White House and Congress, along with a report providing a detailed assessment of damages.