Word: rico
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According to Rossello, the beginning of the resolution of the issues surrounding Puerto Rico's status is now in the hands of Congress. "The Young Bill," or H.R. 856, will be brought to the House floor in the next few weeks...
Rossello used much of his speech to refute what he saw as the major arguments against changing Puerto Rico's status...
Countering the claim that Puerto Rico would become a "welfare state" dependent on the U.S., he quoted a study co-authored by Glenn P. Jenkins, director of the International Tax Program at Harvard Law School...
According to the study, "If Puerto Rico had been a state in 1995, the U.S. Treasury would have saved at least $2.1 billion...
Rossello also pointed to his efforts over the past five years to prepare Puerto Rico for statehood through the reform of health care, education and the judicial system in Puerto Rico...