Puerto Rico today is dramatically different than it was in 2016, when PROMESA was enacted in response to the debt and fiscal crisis. Since the Oversight Board began its work, the government budget deficit has been $0. The Oversight Board completed 12 debt restructurings, eliminating more than $55 billion in principal and interest payments to creditors. The Oversight Board prevented legislation that would have added nearly $30 billion in unaffordable spending that would have reversed the hard-won progress to establish fiscal stability. Together with the Government, the Oversight Board shaped and secured funding for $20 billion in strategic investments in Puerto Rico’s future. Through PROMESA, the Oversight Board saved Puerto Rico more than $76 billion by reducing debt and controlling spending. Put another way, the Oversight Board’s work saved every Puerto Rican household $60,000. In financial terms, the Oversight Board’s work provided a $38 return for every dollar of expenses invested to fulfill the mandate of PROMESA.