; Whereas, according to the 2017 testimony of Andrew Wolfe, an economic expert representing the FOMB, those increases would eventually contribute to a downward economic spiral that would result in Puerto Rico returning to a path of declining economic activity, which would in turn adversely impact the demand for electricity and in the end lead to another debt service payments crisis for PREPA ; Whereas the FOMB proposes to raise electric rates in Puerto Rico in spite of a prior economic analysis of the FOMB showing that electric rates in Puerto Rico are unsustainable at current levels; Whereas, in 2022, Congress passed the Puerto Rico Recovery Accuracy in Disclosures Act of 2021 ( Public Law 117–82 ; 48 U.S.C. 2178 ) to impose disclosure requirements on all of the advisers and consultants of the FOMB, closing the loophole in the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2101 et seq. ) that has disadvantaged the people of Puerto Rico in the debt restructuring process for the island; Whereas, in 2022, the Wall Street Journal reported that stakeholders hired to consult on the bankruptcy proceedings for Puerto Rico initially failed to disclose connections to companies involved in the PREPA debt restructuring deal, raising the potential for conflicts of interest; Whereas the latest restructuring plan for the PREPA filed by the FOMB does not represent a durable solution for Puerto Rico’s fiscal and economic crisis [including] permanent, pro-growth fiscal reforms , as instructed by Congress in title VII of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2241 ); Whereas, in June 2023, the United States District Court for the District of Puerto Rico suspended the proceedings to evaluate and confirm that latest restructuring plan