It seems to me that this is an opportunity to make Puerto Rico an enterprise zone, to dramatically reduce the tax and regulatory burdens.

The only thing they lack is wise public policy.

Puerto Rico got lower interest rates to borrow precisely because of this assurance of stability.

Puerto Rico seems to me to be a poster child for a heavily regulated and government-managed economy and Keynesian deficit stimulus spending.

Granting Puerto Rico such unprecedented bankruptcy authority would likely raise the borrowing costs of our states.

the current releases from Folsom are due to flood control regulations that are badly outdated.

we cannot do that because of environmental regulations that are not only outdated, but, in many cases, have been found to be either defective or actually fraudulent.

I am very concerned that the lesson that this government is teaching is that it does not care about the residential needs of users.

we have not accomplished the stated purpose of these laws, which was to improve the environment.

Our government's good credit is vital to everything that we do here. And there are two ways to wreck that credit: by borrowing too much; or by failing to pay it back on time and in full.

Congress alone has the constitutional power to tax, to borrow, and to spend. We regulate our borrowing through the debt limit.

That is why we dare not increase the debt without also correcting what is causing it.