Posts Tagged: Jose Serrano

Congress to Examine Health Care in the U.S. Territories

A Congressional subcommittee will hold a hearing tomorrow at 10:30 am to examine health care funding in the U.S. territories.  The hearing, which is entitled “Strengthening Health Care in the U.S. Territories for Today and Into the Future,” will cover Puerto Rico’s upcoming extreme loss of Medicaid funding, often referred to as the “Medicaid Cliff.”… Read more »

Tax Credits for Puerto Rico

Many Americans are surprised to learn that nearly half of all U.S. households don’t pay federal income taxes, and many of these households receive tax refunds from the IRS.  To followers of federal policy towards Puerto Rico, this statistic carries a certain irony because Puerto Ricans do not pay federal income taxes from Puerto Rico sourced… Read more »

Sharp Board Response to Democratic Lawmakers

The PROMESA Financial Board (FOMB) recently sent a strong reply  to six of the 34 congressional Democrats who wrote a critical letter to the board three weeks ago. The congressional letter was organized by the incoming chairman of the House committee with jurisdiction regarding PROMESA, Raul Grijalva (D-AZ), and signed by three senators who are… Read more »

Congressional Democrats Call Treasury’s Actions on Loans “Very Disturbing”

Following a strongly-worded letter from Governor Rossello, 58 members of Congress have written to Treasury Secretary Steven T. Mnuchin asking that the Treasury take action on disaster relief loans to Puerto Rico. “We are concerned by reports of reduced loan amounts and repayment requirements,” the legislators wrote, “and believe that you must ensure that your… Read more »

Lawmakers Seek Answers on Puerto Rico Electric Privatization Plan

Following Governor Ricardo Rosselló’s  announcement to privatize the Puerto Rico Electric Power Authority (PREPA), Rep. Nydia M. Velázquez (D-NY), Rep. Raúl M. Grijalva (D-AZ) and Rep. José E. Serrano (D-NY) wrote today to the Governor requesting additional details on the plan, including assurances on affordable rates and reliable service. “It is evident to us that… Read more »

González-Colón Sees Some Results in Tax Bill, Waits for More to Come

The landmark federal tax reform proposal released on Friday includes a provision to encourage economic growth in Puerto Rico and other economically distressed areas that was requested by Puerto Rico Resident Commissioner Jenniffer González-Colón and several other members of Congress in a letter to congressional tax leaders. The tax bill omits several of the group’s other… Read more »

Congressional Democrats Ask for Medical Support for Puerto Rico

Almost 60 Democratic Member of Congress sent a letter last week to U.S. House Speaker Paul Ryan (R-WI) and U.S. Senate Leader Mitch McConnell (R-KY) regarding the ongoing healthcare crisis in Puerto Rico and the Virgin Islands. The letter begins with a succinct desire to “avoid further fatalities” in the U.S. territories affected by Hurricanes… Read more »

House Natural Resources Committee Examines Challenges in Puerto Rico’s Recovery

On November 7, the House Natural Resources Committee held an oversight hearing “Examining Challenges in Puerto Rico’s Recovery and the Role of the Financial Oversight and Management Board” The witness panel was composed by Natalie Jaresko, Executive Director Financial Oversight and Management Board for Puerto Rico, Noel Zamot, Revitalization Coordinator Financial Oversight and Management Board… Read more »

Members of Congress Recommend Steps to Get Puerto Rico Schools Back on Track

On October 24, 2017, members of Congress wrote a letter to Secretary of Education, Betsy Devos, and Director of Office of Management and Budget, Mick Mulvaney, with recommendations for education agencies in Puerto Rico and U.S. Virgin Islands. The US Department of Education will make recommendations for supplemental appropriations in the wake of hurricanes Harvey,… Read more »