All Quotes

What is Treasury doing to encourage creditors to provide necessary short-term financing, or necessary forbearance, so that Puerto Rico does not go there?

I vouch for the fact that Chairman Bishop has been working closely with me, and I look forward to continuing to work closely with Chairman Bishop so we come up with adequate bipartisan legislation to deal with this crisis.

The solution emanates without a fair distribution of power between the people of Puerto Rico and the Congress of the United States.

We should also go down there to fill our minds with their ideas, their aspirations, and their dreams.

Where are the jobs? Where is the economic opportunity? Where is the possibility for the people of Puerto Rico?

The Commonwealth status has not afforded it equitable treatment in those three areas.

Status is vitally important when looking at the situation, the fiscal and economic crisis that Puerto Rico is facing.

There is actual fear of the future. The payments which are coming due--$400 million on May 1, $2 billion on July 1--no one knows where the money will come from to fund those payments.

We cannot keep increasing taxes down there. That would be toxic for the business sector.

We need to make sure that Puerto Rico has the necessary access to the markets to comply with its payment obligations in the markets.

At this juncture, I am convinced that Puerto Rico cannot either cut its way out of this crisis or tax its way out of this crisis. The only way out for Puerto Rico is to grow out of this crisis.

It is no longer reasonable to question whether such a mechanism is needed at all.

Puerto Rico and its creditors are on the same ship. We are going to sail safely to shore together, or we are going to sink together.

If Puerto Rico officials act in a disciplined way, the board will be dissolved within a short period of time.

The bill cannot fix every disparity Puerto Rico faces, because only statehood can do that.

If our ship is to weather this storm, Congress must enact legislation that authorizes Puerto Rico to restructure a meaningful portion of its debt in a fair and orderly manner.

As a statehood supporter, I aspire for American citizens in Puerto Rico to have the same rights and responsibilities as American citizens in every state.

Federal policy toward Puerto Rico is a national disgrace, contradicting the claim that the United States desires democracy and dignity for all of its citizens.