Political Quotes

“The coming months represent a defining moment for our Nation. Responsible leaders from both political parties understand that we must come together on behalf of the American people to create jobs for millions of unemployed workers and to put our Nation on the path to fiscal stability. President Obama has transmitted the American Jobs Act to Congress, and I hope its key components will be enacted into law. The supercommittee has begun its work of proposing responsible ways to grow our economy while reducing our deficits. The work that lies ahead will not be easy, but it must be done. With this as backdrop, I rise this morning to discuss the Puerto Rico Investment Promotion Act, which I will introduce tomorrow. The bill is designed to attract investment to Puerto Rico and to create jobs on the island, where the unemployment rate over the last decade has consistently stood six to eight percentage points above the national average. At the same time, the bill seeks to generate new revenue for the Federal Government and to encourage job-creating investment in the 50 States, where unemployment now exceeds 9 percent. This bill is endorsed by Puerto Rico's Governor, Luis Fortuno, the leaders of Puerto Rico's two main political parties, and the island's business community. At the outset, it is important to explain why I'm promoting legislation of this sort. Like the States, the U.S. territory of Puerto Rico faces serious economic challenges.…”