Posts Tagged: Ricardo Rossello

Rebuilding Puerto Rico with the Help of the Diaspora

Puerto Rico Governor Ricardo Rosselló said in newspaper interviews that the Hurricane Maria disaster will accelerate his plans to organize the more than 5.3 million Puerto Ricans in the States to support Puerto Rico in Washington, D.C. Rossello says that the devastation brought about by the hurricanes in September will actually provide an opportunity to… Read more »

Corporate Tax Reform and Puerto Rico

Some Puerto Rico leaders are claiming unfair treatment for Puerto Rico in the new tax bill. Fully understanding the situation, however, requires us to remember the history of corporate tax deals in Puerto Rico. It all started with 936.                                   … Read more »

Half of Puerto Rico Still without Power

Puerto Rico’s government website on the status of Puerto Rico’s recovery from Hurricane Maria reports, as of this writing, that nearly 70% of Puerto Rico has electricity. Like the claim that more than 96% have safe water, this is not exactly true. That 70% figure, according to Puerto Rico Electric Power Authority interim Executive Director… Read more »

Puerto Rico and the Tax Cuts and Jobs Act

The tax bill passed by the House of Representatives mentions Puerto Rico specifically in a section called “Provisions Related to Possessions of the United States.” Puerto Rico, in common with other territories of the U.S., is a possession of the United States. Rules for possessions of the United States The first point in this section… Read more »

Rossello To Fight Board over PREPA

The administration of Puerto Rico Governor Ricardo Rossello Nevares made clear this afternoon that it would not accept the decision of the territory’s federally-named Financial Oversight and Management Board to make its infrastructure permitting (“Revitalization”) coordinator, Noel Zamont, the “emergency manager” and “Chief Transformation Officer” of the Electric Power Authority (PREPA). The Governor’s Secretary of… Read more »

Governor Rossello Addresses Recovery Efforts in Puerto Rico

On Wednesday Oct. 11, Puerto Rico Governor Ricardo Rossello was interviewed by Neil Cavuto of Fox Business News. The interview was focused on the relief efforts in Puerto Rico. Cavuto began the interview asking Rossello of the urgency to receive the $5 billion requested by Congress. “We need it as soon as possible. That’s why… Read more »

Governor Rosselló Addresses the Nation as Hurricane Maria Approaches

Governor Ricardo Rosselló addressed the United States with gratitude this afternoon as Hurricane Maria approached the U.S. territory of Puerto Rico as a Category 5 storm.  His remarks appear below. My fellow Americans, as I speak to you right now the U.S. territory of Puerto Rico is just hours away from being hit by Hurricane… Read more »

Rossello Asks Fellow Governors for Support

Puerto Rico Governor Ricardo Rosselló has sent letters to the governors of several states asking for their help in persuading their state delegations in Congress to help address the rapidly approaching drop in federal health care funding for Puerto Rico, known as the Medicaid Cliff. The letter, as first reported by NBC news, was sent to… Read more »