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The passengers on this ship are not only the 3.5 million U.S. citizens that reside in Puerto Rico. They are also individuals and institutions located in Puerto Rico and the states that own bonds issued by the territory and its…
A control board that would use austerity to help hedge funds lock in those profits, no matter the human cost, is not the answer.
The concept of having a board that would assist Puerto Rico in getting its fiscal house in order... makes sense.
We need to give the government of Puerto Rico the necessary tools to put its fiscal house in order and to, yes, restructure its debts.
I believe that we should put the blame game aside. I believe that we should do all we can to transcend partisan politics.
Puerto Rico is a colony of the United States of America. Puerto Rico is war booty from the war in 1898.
I came here to make the Puerto Rican people whole so that they could have a future.
Puerto Rico is a colony of the United States. There is no way around it.
The Congress of the United States has to assume responsibility over Puerto Rico because we have, as is stated here, plenary powers over the people of Puerto Rico.
The Congress of the United States retains plenary powers over everything in Puerto Rico, not just the status of Puerto Rico.
I believe that the majority of people of Puerto Rico support the concept of a Federal oversight board.
The amount of public debt in Puerto Rico equals Puerto Rico's GNP.
The budgeting system of the government of Puerto Rico...needs to be reformed drastically.
Puerto Rico is facing a very serious, unprecedented liquidity crisis.
The one power neither the authority nor Puerto Rico should have, in our view, is access to Chapter 9.
We would urge that this authority be appointed by the President, confirmed by the Senate, and it must be acceptable to Puerto Rico.
We are either going to pass a good bill or no bill at all.