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Carta del Representante de Alaska, Don Young señalando la desigualdad con que se trata a Puerto Rico y cómo esto crea un ambiente de inestabilidad, ahuyentando así la inversión. Básicamente, esto sostiene lo que dice JGO, que el mejor plan económico para Puerto Rico es la estadidad.
Carta del Representante de Alaska, Don Young señalando la desigualdad con que se trata a Puerto Rico y cómo esto crea un ambiente de inestabilidad, ahuyentando así la inversión. Básicamente, esto sostiene lo que dice JGO, que el mejor plan económico para Puerto Rico es la estadidad.
Carta del Representante de Alaska, Don Young señalando la desigualdad con que se trata a Puerto Rico y cómo esto crea un ambiente de inestabilidad, ahuyentando así la inversión. Básicamente, esto sostiene lo que dice JGO, que el mejor plan económico para Puerto Rico es la estadidad.
DON YOUNG
CConanessinan Fo Au ALASEA
commrrret on
[NATURAL RESOURCES
CHAIRMAN, SUBCOMMITTEE ON
INDIAN AND ALASKA NATIVE AFFAIRS
COMMITTEE ON
‘TRANSPORTATION & INFRASTRUCTURE
nepuauicaN
Congress of the United States oe aoe
‘House of Representatives
Mlashington, HG. 20515
October 14, 2016
The Honorable Orrin Hatch
Chairman
Congressional Task Force on Economic Growth in Puerto Rico
219 Dirksen Senate Office Building
Washington, D.C. 20510
Dear Chairman Hatch and Task Force Members:
There is no doubt that action is needed to address the economic depression that is
plaguing Puerto Rico. That said, many of the proposals before the Task Force are
related to its symptoms and not the underlying disease. It must be recognized that
Puerto Rico's prolonged economic decline is due in large part to its second class
political status as a territory and the islands will not reach their potential until they attain
an empowered permanent status that includes equality.
The State that | represent is the second youngest in the Nation. With Alaska having
won statehood in 1959, | have seen firsthand how statehood invigorated its economy.
As a longtime member and former Chairman of the House committee with lead
jurisdiction on matters concerning the territories and the current Chairman of the
subcommittee that handles insular affairs, | also know that Puerto Rico's unequal,
inconsistent treatment in Federal tax and program laws has prevented its economic
growth,
As part of the 2012 elections, Puerto Rico held a plebiscite that asked the islands’
residents their preference on the territory's status. Voters rejected territory status and
61 percent chose statehood in preference to nationhood. Congress should honor their
self-determination decision.
The Task Force may not be the forum to analyze the moral arguments on equality for
Puerto Ricans or, even, how Congress should approach the status issue. It will not
adequately address its mission, however, if it does not recognize the link between
resolving the status question and improving the islands’ economic condition.
The 3.3 million Americans in Puerto Rico are represented by one non-voting resident
commissioner in the House, have no seats in the Senate, and have no Electoral College
votes. Puerto Rico's inability to impact the Federal laws that govern the islands and
shape their economy reflect this. The need for PROMESA itself arose because Puerto
Rico is not treated in the same fashion under our nation’s bankruptcy law as a State.Puerto Rico's uncertain status makes it more difficult to attract investment. Businesses
limit their investment when they see how Federal tax laws governing the territory are in
constant flux. Federal policy decisions often provide no assurance of permanence. In
addition, local politics are often so consumed with the debate over status that basic
local governing functions suffer.
| respectfully request that, as the Task Force considers the multitude of ideas that it has
received, you emphasize Puerto Rico's status and second-class, inconsistent treatment
in law as undermining its economic well-being
Sincerely,
n Young
Congressman for All Aska