We should be going down to Puerto Rico for these hearings in November and December.
On the public record
All Quotes
Every politician on the site, every statement on file. Search, filter, and read the public record.
11,000+·quotes on file
If we want to learn from history, we don't go down this road.
The Congress crafted PROMESA with bipartisan support but the goal of that was always to ensure that it regains financial credibility.
Unfortunately, as significant as those are and the problems I think we have talked about even when we were in Puerto Rico, those are not the jurisdiction of this Committee.
It is very good to have disparative views, especially from those who are on the ground floor in what they are doing.
What we really should be talking about are ways in which we can actually make the system that you have possible for the three goals that I still have for the island.
The proposed amendments that have been floated around here are not going anywhere.
The idea that they will be passed in the Senate or signed by a President is delusional, at best.
Without this Board, without the structure we have in hand, those three goals--the economic success, the governmental stability, as well as the path to statehood--are going to be significantly retarded, if not eliminated.
The second is to provide governmental stability, which hasn't happened necessarily in the last several years.
This entire process was always intended to be temporary.
Changing it is not going to solve the issue at hand. It is like trying to expand home plate.
The PROMESA legislation was unique in the annals of Congress.
Thank you, Mr. Chairman pro tem. I just want to quickly thank the witnesses for being here.
Let's face it, the problems that Puerto Rico is facing right now, that the island is facing, simply come from a lot of bad decisions that were made in past governments.
Massive debt is what caused Puerto Rico so much pain, and what is holding Puerto Rico's economic recovery back.
Despite progress with the Board, little changed in the past 3 years in Puerto Rico's government, other than the resignation of the previous governor.
I thank the Resident Commissioner for her stalwart leadership and the work she conducts to find real solutions for her 3 million constituents.