I would like to inform you and the Freedom Center that Puerto Rico's economic problems are largely a consequence of its political status as a territory of the United States. Yet, we have Garcia Padilla (who I believed rigged the...
Alexandra Lebenthal, Lebenthal & Co. president & CEO, discusses the S&P's move to downgradePuerto Rico's general obligation debt to junk status and if other creditors, like Moody's, will follow suit. (Read more: S&P cuts ..... Rather than being the norm that a rating agency makes the right call based on the facts, this becomes a political, social, ethnic call that has little to do with the free gross overspending by the government of Puerto Rico. Same thing with the city of ...
Puerto Rico statehood: Spending bill includes $2.5 million for vote - posted in Current Events: This went under the radar. The $1.1 trillion bill includes $2.5 million for Puerto Rico to vote on its political status. The money was ...
The U.S. Department of State today said that Puerto Rico is a U.S. territory, Puerto Ricans want to resolve the question of its ultimate status, and a majority of Puerto Ricans chose statehood as the alternative to territory status in a 2012 plebiscite. The statements reaffirmed Federal positions on Puerto ... The U.S. is also excluded from CELAC, a 33-country group formed in Venezuela in 2011 with a political agenda. Garcia and some other “Commonwealth” party leaders ...
Puerto Rico's Debt Bomb. Could Puerto Rico become “The New ... by Timothy Alexander Guzman
If Puerto Rico's credit rating is downgraded to junk status then the crisis “could trigger accelerated debt repayments and demands for more collateral for interest-rate swap contracts” the report said. Austerity measures could be possibly implemented if Puerto .... Without committing itself to a legal position, Treasury has provided certainty that has enabled Puerto Rico to raise taxes in the mostpolitically painless way imaginable. That being the case, in February 2013 the ...
Puerto Rico's representative to the Federal government has advised President Obama that the plebiscite on the territory's ultimate political status authorized by a new Federal law should be on U.S. statehood. Resident ...
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Last week Puerto Rico's Resident Commissioner, Pedro Pierluisi, loudly publicized that Congress had approved $2.5 million dollars to educate about and fund a future plebiscite to “resolve Puerto Rico'sfuture political status.
This requirement precludes Puerto Rico's current territory status, sometimes also misleadingly called “Commonwealth,” from being an option. As long as Puerto Rico is a territory, Puerto Ricans can petition for statehood or ...
Just days after The Heritage Foundation slammed a $2.5 million addition to Congress' omnibus spending bill which would allow for a federally-sponsored education program about Puerto Rico's political status, a blog today ...
Make room for 51st star? Spending bill includes $2.5 million for vote ... by Leada Gore | lgore@al.com
The $1.1 trillion bill includes $2.5 million for Puerto Rico to vote on its political status. The money was requested by Puerto Rico Resident Commissioner, Pedro Pierluisi, D, a non-voting member of Congress who is associated ...
The report underlines the fact that Puerto Rico's political status continues to be of great importance to its people. Its economy – like many others – has also faced significant challenges in recent years, driving the need for a ...
The U.S. Congress has agreed with President Obama on authorizing a plebiscite in Puerto Rico on the territory's ultimate political status. The final approval came Thursday night with the U.S. Senate's passage of a bill to ...
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... a newspaper for the congressional community, former San Juan Mayor Hernán Padilla, president of a group seeking equality for Puerto Ricans, re-examined Puerto Rico's 2012 plebiscite on the territory's political status.
The omnibus appropriations bill unveiled last night contains a provision allocating $2.5 million to resolve the issue of Puerto Rico's political status, as well as numerous other provisions that will benefit Puerto Rico, announced ...
Granted, most astute and knowledgeable observers of island politics think that these few lines are a a good sign to finally resolve Puerto Rico's perpetual political limbo status with the United States, a territorial relationship that ...
The PNP, on the other hand, proposes the complete integration of Puerto Rico into the Union as astate coequal in benefits, dignity and political power to the other states rejecting the notion of separate Puerto Rican ...
Last month, the chairman and senior minority party member of the U.S. Senate committee that handles territories political status matters sent a letter to the leaders of Puerto Rico's three localpolitical parties reiterating that any...
Resolving Puerto Rico's Political Status Is Also Best Long Term Economic Policy. Posted on January 16, 2014. By Howard Hills*. Recent news reports have compared the daunting fiscal and economic issues facing the U.S. territory of Puerto ...
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... $2.5 million “for objective, nonpartisan voter education about, and a plebiscite on, options that would resolve Puerto Rico's future political status, which shall be provided to the State Elections Commission of Puerto Rico.
The islanders may not vote in U.S. presidential elections because the territory is not a state. The island's current political status, including the possibility of statehood or independence, is widely debated in Puerto Rico.
In order to understand López Rivera's case, it is necessary to know a little about Puerto Rican history. The territory has a century-long political status problem that dates back to the United States' invasion of the island in 1898, ...
Economy and Crime Spur New Puerto Rican Exodusby By LIZETTE ALVAREZ
Puerto Rico’s extended woes, including high unemployment and pervasive crime, are causing a worrisome exodus of professionals and middle-class residents to places like Florida