[Congressional Record Volume 160, Number 53 (Wednesday, April 2, 2014)]
[House]
[Page H2809]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PUERTO RICO: HOW STATEHOOD WOULD POTENTIALLY AFFECT SELECTED FEDERAL
PROGRAMS AND REVENUE SOURCES
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Puerto Rico (Mr. Pierluisi) for 5 minutes.
Mr. PIERLUISI. Mr. Speaker, this week, the GAO published a report
about the fiscal impact of Puerto Rico statehood on the Federal
Government.
In a 2012 referendum, a majority of voters in Puerto Rico said they
didn't want Puerto Rico to remain a territory, and more voters favored
statehood than any other option. In January, at my initiative, a law
was enacted to provide funding for the first federally-sponsored vote
in Puerto Rico's history. Meanwhile, in the past year, Puerto Rico's
longstanding economic problems have devolved into a crisis. Every week,
1,000 of my constituents move to the States in search of opportunity
and equality. Thus, the GAO has released its report at a time when
island residents are voting for statehood--at the ballot box and with
their feet--in unprecedented numbers.
The momentum in favor of statehood continues to build with this
report, which supports the conclusion that statehood will be beneficial
to Puerto Rico and to the U.S. as a whole.
The report confirms that statehood will enhance the quality of life
in Puerto Rico. As a territory, Puerto Rico is treated unequally under
key Federal spending and tax credit programs. As a State, it will
receive equal treatment. Based on the GAO's analysis and taking into
account programs the GAO did not examine, it can be calculated that
statehood will inject an additional $10 billion into Puerto Rico's
economy each year. This underscores the scope and severity of the
discrimination Puerto Rico faces as a territory.
The report also alleviates the concern that statehood would have an
adverse impact on the U.S. Treasury. As the GAO explains, new Federal
outlays to Puerto Rico will be significantly counterbalanced by new
Federal revenues generated from the island, which could amount to $7
billion a year. As Puerto Rico prospers, collections will increase
further.
The report, thus, reinforces that statehood, which is so plainly in
Puerto Rico's interest, is also in the national interest. This Nation
will benefit when Puerto Rico's economy is strong, when its residents
don't need to move to the States to achieve their dreams or vote for
their national leaders, when individuals and businesses on the island
flourish, and when the tax base expands. The U.S. will profit from the
state of Puerto Rico's success, just as it currently pays an economic
and a moral price for the territory's shortcomings.
The reaction to the report from politicians in Puerto Rico who favor
the status quo has been dishonest. Their strategy is clear: if you
cannot convince the public, try to confuse the public.
For example, they claim the report concludes that hardworking island
residents would have a large Federal tax liability under statehood. The
report says no such thing, and the assertion is false. A typical
household in Puerto Rico will pay the same or less in total taxes under
statehood than it pays now due to the application of Federal tax
credits and the ability of the Puerto Rico Government to reduce its
high local rates once it no longer needs to finance a disproportionate
share of public services.
In any event, this inaccurate argument shows disrespect for the
people of Puerto Rico, who will be proud to assume both the rights and
responsibilities of statehood. Throughout history, men and women have
fought and fallen for equality and dignity. These principles are
priceless.
My colleagues who requested the GAO report should now schedule a
hearing on it. Seventy-five days have passed since the enactment of the
law authorizing Puerto Rico to hold a federally-sponsored referendum,
and 132 Members of Congress have sponsored my legislation that calls
for a referendum on Puerto Rico's admission as a State, which requires
Federal action if a majority of voters chooses statehood. If the
Governor of Puerto Rico believes his claim that the GAO report is
somehow damaging to statehood, he should have the courage of his
convictions to conduct a statehood admission vote with the available
Federal funds without delay. His inaction speaks louder than his words.
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