Posts Tagged: Lisa Murkowski

Sen. Hatch to Introduce Legislation to Address Puerto Rico Fiscal Problems

U.S. Senate Finance Committee Chairman Orrin Hatch (R-UT) disclosed today that he will introduce a new bill to address Puerto Rico’s fiscal problems. “I’m trying to get this done before the end of March” he said during a Committee hearing on President Obama’s Fiscal Year 2017 Budget sent to the Congress yesterday. With the Obama… Read more »

Obama Budget Proposes $32.5 billion for Puerto Rico

President Obama released today a budget for the fiscal year that begins October 1st that includes new assistance for Puerto Rico estimated to be at least $32.5 billion over 10 years. The amount in the Fiscal Year 2017 Budget proposal sent to the Congress today could be as much as more than $34 billion, depending… Read more »

Senate Proposal Calls for U.S. Control in Puerto Rico

Two bills to resolve the financial problems of Puerto Rico were introduced by Republicans in the U.S. Congress yesterday. The legislative proposals were introduced after Senate Republicans blocked a move by Senator Charles Schumer (D-NY) to grant the territory the authority of a State to enable insolvent instrumentalities to restructure debts under Federal Bankruptcy Code Chapter… Read more »

Senate Hearing on Puerto Rico Underscores the Need for Action

The U.S. Senate Committee on Energy & Natural Resources held a hearing today on the Puerto Rican economic crisis, the territory’s unsustainable debt and options for Congressional action. Committee Chair Lisa Murkowski (R-AK) called the hearing to order by reiterating a point made by Senator Orrin Hatch (R-UT) at the Senate Finance Committee hearing held last… Read more »

Senate Committee Chair Murkowski and Puerto Rico’s Status

The U.S. Senate Committee on Energy and Natural resources has scheduled a hearing for October 22 to consider Puerto Rico’s economy, debt, and options for Congress moving forward. Witnesses have not been announced. The Senate Finance Committee held a similar hearing on September 29th.  A broad range of issues was discussed, including Puerto Rico’s treatement… Read more »

Leader: “Commonwealth” Would Control Radio, TV, Minimum Wage

SAYS STATEHOOD WOULD WIN VOTE ON THE STATUS   The Government of Puerto Rico would have ultimate control over radio and television standards, wages and labor relations, and the environment — replacing U.S. Government authority — under the latest political status proposal of the “commonwealth” party’s most influential leader on status issues for most of… Read more »

Status Resolution Champion to Chair Territories Subcommittee

A champion of resolving the question of Puerto Rico’s ultimate political status has been named chairman of the U.S. House of Representatives subcommittee on territory issues. Representative Don Young (R-Alaska) will be the Chairman of the Committee on Natural Resources Subcommittee on Indian, Insular and Alaska Native Affairs in the new 114th Congress. The “Insular”… Read more »

New US House Chairman Open to Status Choice

The next chairman of the U.S. House of Representatives committee with general jurisdiction over the governing of U.S. territories has suggested that he would support legislation providing for Puerto Ricans to vote on the territory’s status. Representative Rob Bishop (R-Utah) voted against a bill that the House passed in 2010, which would have provided for… Read more »

Proposal for a New “Commonwealth” Status Continues to be An Impossible Dream

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 local political parties reiterating that any status proposal similar to the “Commonwealth” party’s cannot be implemented. Because one Congress constitutionally cannot give up the power of future… Read more »

U.S. Senate Drops Federal Insular Budget Report Requirement; Governor Objected

The U.S. Senate committee with general responsibility for the U.S.’ territories has excluded Puerto Rico from legislation  that would require a Federal evaluation of the Government of Puerto Rico’s annual income and spending estimates. The requirement was opposed by Governor Alejandro Garcia Padilla (“Commonwealth“) but supported by the territory’s representative to the Federal government, Pedro Pierluisi,… Read more »