I personally do not like that bill provision, and I will tell you why: it will promote migration out of Puerto Rico.
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The bill defers to the government of Puerto Rico in the right way because it allows the Governor to elaborate the plan and submit it to the board.
Otherwise, this is not going to happen. Puerto Rico is going to continue deteriorating, people are going to continue migrating to the states, and it is going to be an embarrassment not only for Puerto Rico, but for the United States at…
My constituents and I will accept this oversight, provided--let me say again--provided we also get a meaningful debt-restructuring mechanism.
I believe these titles are a dramatic improvement over the earlier version of the bill and now, more or less, strike the appropriate balance between effectiveness in instilling fiscal discipline and respect for the democratic process.
I respect those on both sides of the aisle who are looking at the bill holistically and working hard to get to a 'yes.'
You have been a gentleman, tough when you need to be, but always open and fair.
If we cannot get a balanced, bipartisan bill to the President's desk, the consequences for Puerto Rico and the island's creditors are likely to be grave.
The liberty, security and prosperity that the USA enjoys today were paid in part with the BLOOD, SWEAT AND TEARS of disenfranchised citizen soldiers of Puerto Rico.
We don't want to continue a relation with the USA as a colonial dependency.
WE ARE EQUAL IN THE BATTLEFIELD BUT NOT IN THE VOTING BOOTH.
But we cannot ignore the fact that the status issue has to be resolved, and resolved once and for all.
Puerto Rico cannot restructure its debt without permission from the United States.
I think that what we are doing now is putting a Band-Aid on a major issue.
At the minimum, the U.S. Congress has to tell Puerto Rico what is available on the table for a change in status.
The people of Puerto Rico did not invade the United States. The United States invaded the people of Puerto Rico.