News Releases

Statement on Final Passage of the Tax Cuts and Jobs Act

FOR IMMEDIATE RELEASE
December 20, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Hispanic Leadership Fund president Mario H. Lopez issued the following statement following final passage of the GOP tax reform bill in Congress:

“The Hispanic Leadership Fund applauds today’s historic vote in Congress providing a much needed reform of our tax system.

“Providing tax cuts for middle-class American families will expand opportunities for all to achieve the American Dream.  Expanding the child tax credit will ensure that more money goes back into the pockets of working families.  The pro-growth elements of this bill will spur job creation and incentivize businesses to stay or move to the U.S.

“This reform bill will result in bigger paychecks for all Americans, lower the tax burden on hard working taxpayers, and create jobs.  We look forward to President Trump signing this bill before Christmas as promised.”

Hispanic Leadership Fund Calls on Congress to Drop Puerto Rico Tax Hikes from Tax Reform

FOR IMMEDIATE RELEASE
December 13, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Today the Hispanic Leadership Fund sent letters to House and Senate leadership, as well as conferees working on the Tax Cuts and Jobs Act, calling for the removal of a new tax on certain businesses operating in Puerto Rico.

Separate measures in the House and Senate versions of the Tax Cuts and Jobs Act would impose new taxes on products manufactured in Puerto Rico by “Controlled Foreign Corporations“ (CFCs), chilling investment and job creation and harming hundreds of thousands of U.S. citizens living and working on the American territory of Puerto Rico.  These taxes would negatively affect the jobs of over 235,000 Americans working in the manufacturing sector in Puerto Rico, which account for 25% of the workforce and 48% of the island’s GDP.

“The letter makes the case that the imposition of a new tax “threatens one of every two jobs in Puerto Rico, whether directly or indirectly. Those results would be catastrophic for Puerto Rico and severely jeopardize its economic future.”

“In the face of devastating hurricane damage, a decade-long economic recession, and an outmigration crisis, Puerto Rico needs sound economic policies to help accelerate its recovery and provide more, not less, opportunity for the 3.4 million American citizens living and working on the island,” said HLF president Mario H. Lopez. “Puerto Ricans are American citizens, yet this new tax on CFCs treats the commonwealth as a foreign country, rather than an American territory.  We hope Congress will move immediately to fix this issue.”

The full letter can be accessed here.

Statement on Passage of the Tax Cuts and Jobs Act in the U.S. Senate

FOR IMMEDIATE RELEASE
December 2, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Hispanic Leadership Fund president Mario H. Lopez issued the following statement following passage of the Tax Cuts and Jobs Act in the U.S. Senate:

“The Hispanic Leadership Fund applauds Senators who have committed to much needed reform of our tax system.  Tonight’s passage is a positive and crucial step towards economic growth.  Pro-growth tax reform will make the U.S. a more competitive place to do business and expand opportunities for all Americans.  This bill will bring pay raises to all working-class families while lowering the tax burden on hard working taxpayers.  It also means increased job creation and opportunity for workers.  We look forward to the next legislative steps and getting a final bill to the president’s desk before Christmas.”

Statement on Congressional Hispanic Caucus Denying Membership to Rep. Carlos Curbelo

FOR IMMEDIATE RELEASE
November 16, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Mario H. Lopez, President of the Hispanic Leadership Fund and a former Executive Director of the Congressional Hispanic Conference, issued the following statement in response to the decision by the Congressional Hispanic Caucus that rejected Rep. Carlos Curbelo’s (R-FL) membership in the group:

“Today’s vote once again shows that the Congressional Hispanic Caucus places blind partisanship and childish antics over the interests of the Latino community.  It is a shame that the caucus won’t allow any other Hispanic Member of Congress in simply because of  party affiliation.

“The Hispanic Caucus attacks regarding Rep. Curbelo’s stance on immigration are false and misleading.  Congressman Curbelo has proven that he’s willing to work across the aisle on getting much needed immigration reform passed.  Unlike the Hispanic Caucus members who refuse to even listen to ideas from people in the opposite party, Members of Congress outside of the Hispanic Caucus from both parties are currently working together to pass legislation that protects immigrants who benefit our economy and society.”

Statement on Passage of Tax Cuts and Jobs Act in U.S. House of Representatives

FOR IMMEDIATE RELEASE
November 16, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Hispanic Leadership Fund president Mario H. Lopez issued the following statement following passage of the Tax Cuts and Jobs Act in the U.S. House of Representatives:

“The Hispanic Leadership Fund applauds Members of Congress who have taken an important step toward much needed reform of our tax system. Lower rates for the middle-class, more jobs, and increased economic opportunity are important goals that give working families the opportunity to pursue the American dream.

“We look forward to seeing the same kind of progress with the U.S. Senate as they prepare to debate similar legislation.”

Statement on FCC Plan to Update Local Media Ownership Rules

FOR IMMEDIATE RELEASE
November 7, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Hispanic Leadership Fund President Mario H. Lopez issued the following statement in response to a recent announcement from Federal Communications Commission Chairman Ajit Pai regarding the agency’s plan to vote on updating outdated media ownership rules:

“The Hispanic Leadership Fund supports modernizing regulations that were written for a vastly different media landscape and that distort the marketplace. One of the most egregious examples is of such rules involves prohibiting TV or radio stations from buying a local newspaper. Fixing these antiquated regulations—which have been in place during a precipitous decline in newspaper ownership—is a fearless step forward in making true progress.

“Media entities cannot exist without investors and need access to capital to grow. To think that a Hispanic-owned radio station could be banned from buying a Spanish-language newspaper in the name of diversifying media ownership is simply absurd. We are excited that Chairman Pai is taking on the inertia that stymies opportunities for growth of media.

“Lastly, we are additionally supportive of the FCC looking to establish an incubator program which will encourage access to media ownership for women and people of color.”

Statement of the Release of the Tax Cuts and Jobs Act

FOR IMMEDIATE RELEASE
November 2, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–The Hispanic Leadership Fund, issued the following statement from its President Mario H. Lopez, in response to today’s release of the tax reform bill in the U.S. House of Representatives, known as the Tax Cuts and Jobs Act:

“We are highly encouraged that the low-overdue process of reforming out nation’s broken tax code is finally here. It is critically important to the American economy that the focus is rightly placed on creating jobs, increasing income for working families, and giving all Americans the opportunity to pursue the American dream.”

“The Hispanic Leadership Fund applauds Speaker Paul Ryan and members of the House of Representatives for their commitment to strengthening the economy.  We stand ready to work with key Members of Congress to advance sound policy that lowers taxes and spurs job creation.”

Statement on Gubernatorial Candidate Ed Gillespie’s Healthcare Plan for Virginia

FOR IMMEDIATE RELEASE
October 2, 2017

CONTACT:
Press@HispanicLeadershipFund.org

WASHINGTON, D.C.–Mario H. Lopez, president of the Hispanic Leadership Fund, issued the following statement in response to the recent healthcare proposal released by Republican gubernatorial nominee Ed Gillespie:

“In the Commonwealth, health care premiums and costs have skyrocketed while coverage options have dwindled.  Any plan that seeks to break down barriers to care and eliminate burdensome regulations is a step in the right direction for Virginia.  For example, access to health care is hindered by the outdated “Certificate of Public Need” law that forces health care providers to wade through bureaucratic red tape red tape–including having plans challenged by competitors–before expanding services to communities they serve.  Ed’s plan recognizes this growing problem.  Repealing COPN laws in the Commonwealth will increase competition–giving patients more options when making health care decisions.  “The Hispanic Leadership Fund applauds Ed for creating a patient-centered healthcare plan to lower costs by increasing competitiongiving patients more options when making health care decisions and allowing working families increased access to more affordable and higher quality health care.”