Political Quotes

“I thank the Senator for his concern and his points. Mr. President, I have come to the floor time and time again with a simple message: PROMESA, the name of this legislation, which means ``promise'' in Spanish, is not a promise. It is a power play, leaving the people of Puerto Rico unable to manage their own government, make their own decisions, do what they believe is right. I have been concerned exactly about this, and I have my remarks going back to September 22, 2015, when I started off those remarks by saying, ``I rise today deeply concerned that the growing economic crisis in Puerto Rico threatens to destabilize the island, and that we must [step in] and help our fellow American citizens before the financial crisis becomes a calamity.'' September 22, 2015. I talked about the fact that if you do not act, the results of a financial disorder would be much more expensive, much more chaotic both in the long term and the short term, would cost Puerto Rico and the United States, and the fact is that a potential solution rests in the hands of the administration with Treasury and HHS. I talked about legislation that we introduced at that time, along with some of our colleagues, that would allow the government of Puerto Rico to authorize its public utilities to rework their debts under chapter 9.…”