Puerto Rico has been in a long process to recover from deep financial and fiscal trouble cemented over years of overspending and other budget issues. The process for the U.S. territory is the result of federal legislation in 2016 called ...
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This week HLF sent a letter to U.S. Representatives in support of H.R. 6246, a bill introduced by Jenniffer Gonzalez, Puerto Rico’s representative in Congress (officially known as the Resident Commissioner), that would move the U.S. territory of Puerto Rico ...
Read MoreWASHINGTON, D.C.–Today the Hispanic Leadership Fund President Mario H. Lopez released a letter to key members of Congress and U.S. Attorney General Jeff Sessions, calling for an investigation into strong indications of conflicts of interest and ethical violations by Puerto ...
Read MoreWASHINGTON, D.C.–Today the Hispanic Leadership Fund President Mario H. Lopez and nine other signatories from free market organizations sent a letter to key members of Congress, calling for a hearing on the lack of progress made by the Puerto Rico ...
Read MoreWASHINGTON, 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. ...
Read MoreToday the U.S. Senate Finance Committee will hold a hearing on the “Financial and Economic Challenges in Puerto Rico.” Absent from the list of witnesses list is Puerto Rican Governor Alejandro García Padilla, who has been advocating for Chapter 9 ...
Read MoreGOV. GARCIA PADILLA’S RECORD SHOWS FISCAL AND ECONOMIC FAILURE Sustained Economic Decline, Pension Shortfalls, Job Losses & Brain Drain GDP shrank by almost 2% in 2014 63 plants closed in 2014 Lowest labor force participation rate in the Western ...
Read MoreWASHINGTON, D.C. – The Hispanic Leadership Fund is a non-partisan advocacy organization dedicated to strengthening working families by promoting common-sense public policy solutions that foster liberty, opportunity, and prosperity for all. “Puerto Rico can no longer afford the policies of ...
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