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Rosselló: Fiscal Board not Good for Puerto Rico

By on June 10, 2016

SAN JUAN – Ricardo Rosselló, the president of the New Progressive Party (NPP) and candidate for governor, said the U.S. House’s approval of a federal fiscal oversight board for Puerto Rico “is the best evidence of the Popular Democratic Party [PDP] leadership’s lack of credibility,” adding that the bill “is not good for Puerto Rico.”

“Congress has determined that this administration…is unable to work on the necessary measures to overcome the crisis…. I have opposed this board for many reasons and will continue warning Congress, particularly the Senate, where the measure now moves for approval,” he said.

NPP Gubernatorial candidate Ricardo Rosselló.jpeg

NPP gubernatorial candidate Ricardo Rosselló

“It is important to note that the congressional action took into account the position of the incumbent administration and, in this case, Gov. [Alejandro] García Padilla has endorsed the measure. My commitment is that once elected, together with…Jenniffer González, we will work on the necessary changes to this bill.”

He reiterated it is necessary that the legislation “include new initiatives and become a fairer one for the people of Puerto Rico, including a concrete path toward statehood. We won’t rest until we achieve the changes Puerto Rico needs.”

Rosselló explained that during his visits to the U.S. Congress, he saw “great dissatisfaction with the measure for various reasons. Everyone with whom I met indicated they understood the measure was not good for Puerto Rico, but it was what was on the table. For that reason, I proposed an additional measure that considers economic development tools for Puerto Rico and includes the creation of jobs.”

He assured he would continue “fighting to achieve parity [with states] in federal fund, particularly with those [funds] related to healthcare as well as incentives that lift our economy and our society.”


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