Thursday, November 12, The San Juan Daily Star

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Thursday, November 12, 2015. The San Juan Daily Star"

Transcription

1 2 Thursday, November 12, 2015 The San Juan Daily Star

2 GOOD MORNING The San Juan Daily Star, the only paper with 3 November 12, 2015 News Service in English in Puerto Rico, publishes 7 days a week, with a Monday, Tuesday, Wednesday and Thursday edi on, along with a Weekend Edi on to cover Friday, Saturday and Sunday. Island Veterans Saluted for Most Obvious Exemplification of Dedication to Democracy Local Mainland Business Interna onal Viewpoint Cinema Movies INDEX No cias en Español Legal No ces Sports Games Horoscope Cartoons By MARIA MIRANDA SIERRA Puerto Rico Resident Commissioner Pedro Pierluisi was one of the main speakers on Wednesday at the island s official Veterans Day observance, in which he described military service as the most obvious example of dedication and service to our democracy and our freedom. The event was held at the Luis Muñoz Rivera public square in the northern coastal town of Arecibo. Pierluisi participated in the official acts after accepting the invitation from the hosts of the event, Arecibo Mayor Carlos Rodríguez Molina, New Progressive Party Reps. José Aponte, Gabriel Rodríguez Aguiló and Veterans Advocate Agustín Montañes. It is imperative that we always have in mind the work that our veterans did to defend the worthy ideal of democratic equality upon which our American nation was founded, Pierluisi said. That U.S. democratic tradition is fundamental to the nation of which we form a part and whose relationship we aspire to perfect. We must never take for granted what our veterans have done for us. The resident commissioner said honoring our veterans is our moral responsibility, not only today on Veterans Day, but every day. We must never forget that we enjoy freedom thanks to the service that our veterans have provided. We must never forget that we sleep in peace at night because there is a soldier standing guard, he said. We must never forget that thousands of Puerto Rican brothers and sisters have been willing to put their lives in danger to protect ours. That is what our veterans have done for us. That is service. That is patriotism. That is values. This year, the official Veterans Day activity was dedicated to veterans of the Vietnam War, a conflict whose wounds, the resident commissioner said, still remain unhealed in the hearts of many veterans. In his message, Pierluisi paid special tribute to Puerto Ricans who rendered service in Vietnam, highlighting the Puerto Ricans who received honors for their heroic acts. The Vietnam War was a historic moment that divided national public opinion but, regardless of what anyone may think about the Vietnam War, the service rendered by more than 40,000 Puerto Ricans in all branches of the U.S. Armed Forces is cause for great pride for Puerto Rico, Pierluisi said. As a representative of each and every one of the American citizens of Puerto Rico, I am proud to pay tribute to those brave veterans, and honor the memory of those who gave their lives in that faraway land to serve our democracy. He added that all Puerto Ricans who served in Vietnam are worthy of this recognition. In the archives of history they are well represented by some who received notable awards including the Congressional Medal of Honor for their actions during the Vietnam War, such as Sgt. Carlos Lozada of Caguas, Capt. Euripides Rubio of Ponce, whose name graces the Veterans Clinic in Ponce, Capt. Humberto Roque, specialist Héctor Santiago of Salinas, in whose honor Camp Santiago was named, and Sgt. Félix Conde Falcón of Juncos, who was recently recognized with the Medal of Honor in a ceremony at the White House on March 18. Continues on page 4

3 4 Thursday, November 12, 2015 The San Juan Daily Star From page 3 Furthermore, the most decorated soldier from all U.S. Armed Forces in in the Vietnam conflict was Puerto Rican First Class Sgt. Jorge Otero Barreto, of Vega Baja, who participated in 200 U.S. Army combat missions, Pierluisi added. The resident commissioner described his work as a fight for veterans so they can receive the same or better treatment than that received by veterans in any state of the Union. He also spoke about his work with veterans and their families. During my tenure as resident commissioner, I have dedicated my entire body and soul to fight for veterans, and have had great achievements for them. In the past seven years, the Veterans Administration has allocated more funds for services to veterans in Puerto Rico than ever before in our history, Pierluisi said. Projects have materialized at the Veterans Hospital in San Juan at its parking, outpatient clinics around the island, including a clinic in Ponce for which I continue fighting and which will be twice as large and offer more and better services for our veterans in the southwest of Puerto Rico so they don t have to travel to San Juan. He also said he hopes that early next year the preparation and dedication process of the Gold Congressional Medal of the 65th Infantry Regiment, the Borinqueneers, will be granted. This congressional action, although it has taken a long time, honors the Borinqueneers, and all Puerto Ricans are proud of them, Pierluisi said. Besides, I am still vigilant before the claims of poor services that have been made against the Veterans Hospital in San Juan, as well as several other veterans hospitals in the U.S. I am, and will continue to be in constant communication with senior officials at the Department to ensure that our demands are met and that the deficiencies are overcome, Pierluisi said. It is imperative that our veterans receive the same or better treatment than that received by veterans in any state of the Union, because if at war they were equal, then when they return home they should also be equal. They have earned it. The resident commissioner concluded his message with a tribute to military service and urged everyone to express their gratitude to veterans. There are not enough words to express the gratitude we feel toward our veterans, so it is essential that we demonstrate it with our actions, he said. I invite all of the people of Puerto Rico to show their appreciation every time they have the honor and joy of being in front of one of our heroes, one of our veterans. Officials Call Attention to Unequal Treatment of Veterans in PR By MARIA MIRANDA SIERRA Veterans Advocate Agustín Montañes on Wednesday lamented that the economic crisis in Puerto Rico has limited veterans purchasing power, forcing them to resort to applying for public assistance to survive. Obviously right now we have an economic problem on the island. One is seeing how the economy is being affected in different areas, Montañes said in a radio interview. Veterans are a reflection of the society, just as you see people in general complaining that their purchasing power has diminished, that they have much less money to purchase their products, well the same thing is happening to veterans. He said veterans are now seeking all available resources in order to boost their family incomes. Among these resources [they] are seeking pensions, looking for their compensation. Often they felt like they had stability and that it wasn t necessary to seek such help, Montañes added. We also can see an increase in the use of the Veterans Hospital, because obviously they are seeking service that will be much cheaper. Montañes made his comments before the official Veteran Day s ceremony got started at the Luis Muñoz Rivera public square in Arecibo. As a participant in the Arecibo observances, New Progressive Party (NPP) Rep. José Aponte called on President Barack Obama to treat Puerto Rican veterans with justice and equality in terms of better and more medical services, the construction of a second Veterans Hospital on the island and parity in the benefits received by veterans on the island with respect to those received by their comrades in the mainland U.S. Today our nation commemorates Veterans Day, which was established as a tribute to the men and women who participated in the Great War, the first global conflict in history, Aponte said. This event also marked the first time that Puerto Ricans fought alongside men from all the states of the Union. The lawmaker added that it is sad to say that a century later, American citizens living in the U.S. territory of Puerto Rico and who participate in the U.S. Armed Forces have been treated unequally since According to official Department of Defense data, the number of Puerto Ricans who enlisted in the U.S. Armed Forces during World War I ( ) was close to 230,000. Out of that number, some 17,500 saw active combat in Europe, Aponte noted. Despite having a current population of more than 200,000 veterans, the island only has one hospital to care for those veterans, Aponte said. Despite a current need to build another facility, the U.S. Congress has yet to approve the funds to begin the work.

4 The San Juan Daily Star Thursday, November 12, Calderón Joins Hernández Colón s Stand-Down Request to Acevedo Vilá By EVA LLORENS VELEZ Former Gov. Sila Calderón on Wednesday agreed with remarks made by former Gov. Rafael Hernández Colón, who told former Gov. Aníbal Acevedo Vilá to refrain from openly criticizing the efforts of the current administration to handle the fiscal crisis. Hernández Colón said former governors should give constructive opinions on the issues affecting the island, but should not partake in public criticism. Acevedo Vilá said the government should discontinue putting more burdens on the working class and should sue the federal government to act on Puerto Rico. The U.S. Treasury recently offered a series of proposals to help Puerto Rico, but noted that its hands were tied because they depended on Congress to approve them. I totally agree, Calderón said during a press conference where she announced a Christmas concert to benefit the Center for Puerto Rico of the foundation that bears her name. Calderón, however, declined to broaden her comments, making it clear that she was not going to talk about politics because she was in a holiday mood. The concert for the Center for Puerto Rico of the Sila Calderón Foundation is slated for Dec. 6 and will feature the songs of Glenn Monroig, Victoria Sanabria, Charlie Aponte, Alberto Carrión, Ángel Cucco Peña and the Puerto Rico Philharmonic Orchestra. The former governor did not refrain totally from speaking about public issues when asked how the island government should deal with poverty when the factors of out-migration and unemployment are worsening the fiscal crisis. Calderón announced that many top nonprofit organizations, including her foundation, will join forces o deal with the issues affecting the island. She noted that eradicating poverty and inequality require long-term action. It requires a concerted effort beyond ideological lines and our country has a lot of ideological divisions, she said. Political divisions sometimes prevent us from focusing on important programs and projects to help people get out of poverty and reduce the level of inequality. Puerto Rico is ranked third in the world in terms of social inequality, with a high percentage of wealth in the hands of the top two or three percent of the population. This country needs unity of purpose, Calderon said. Partisan politics does a lot of harm.

5 6 Thursday, November 12, 2015 The San Juan Daily Star PREPA Revitalization Bill Passes Yet Another Cost to Customers By EVA LLORENS VELEZ The proposed Puerto Rico Electric Power Authority (PREPA) revitalization bill will pass on to consumers the costs of the contribution in lieu of taxes, or CELI, paid to the 78 municipalities as well as other subsidies, which are estimated to be $800 million, according to the Energy Commission. The cost will be on top of planned hike to electricity rates and the inclusion of the costs of financing the restructuring of the utility s $9 billion debt. The CELI is currently paid using revenues obtained by PREPA. The current law states that PREPA must set aside 11 percent of its gross income to pay for fuel as well as to cover subsidies and the CELI. The proposed bill would amend the formula to calculate the costs of the subsidies and the CELI. Specifically, the bill would create a separate charge to cover the costs of subsidies and the CELI. The accumulated costs of the CELI are $425 million as of The annual costs of the CELI and other subsidies, meanwhile, total around $350 million. In other words, for this fiscal year 2015, and starting with the new rate structure, PREPA will be including as part of the calculation to determine this charge, around $800 million to consumers, Energy Commission Chairman Agustín Carbó said. He also noted that the bill eliminates from Law 57, the Energy Reform, dispositions that gave municipalities incentives to save energy. All municipalities are supposed to reduce their energy consumption by 5 percent to earn a higher contribution. Governor Open to Amendments to PREPA Revitalization Bill By EVA LLORENS VELEZ Gov. Alejandro García Padilla on Wednesday said he was open to amending the Puerto Rico Electric Power Authority (PREPA) revitalization bill to ensure the powers of the Energy Commission in approving electricity rates are not undermined. García Padilla urged the Legislature to pass the bill as soon as possible but not to neglect the responsibility that is necessary to evaluate each page of the bill and to ensure that haste does not negatively affect the bill. He also said he may convene a special session to pass the bill, which needs to be approved by Nov. 20. No one has said that it needs to be approved before the end of the session, the governor said. The last day of the session to pass bills is today. The measure already says that it does not affect the Commission, but García Padilla said that if lawmakers want to clarify the language, he has no problem. The measure contends that elected officials cannot intervene in the decisions of PREPA. Once I sign the bill into law, the political intervention in PREPA must end, the governor said. The legislation will, among other things, create a corporation to be in charge of the securitization process that will be used to pay the debt, whose costs of financing and transition will be passed on to consumers. The Energy Commission, the island s independent energy industry regulator, will have 60 days to evaluate the proposed electricity rate. If the Commission does not finish the evaluation in 60 days, the rate will go into effect as a provisional rate and the panel will have 30 additional days to evaluate it. If the Commission does not approve it in 90 days, it will become final. PREPA last week sealed a Restructuring Support Agreement (RSA) with fuel-line lenders and a group of bondholders and banks. It still has to negotiate with monoline insurance groups. The RSA also calls on lawmakers to approve by Nov. 20 an acceptable form of the proposed legislation, which is to be fine-tuned to make way for the utility s negotiated recovery plan.

6 The San Juan Daily Star Thursday, November 12,

7 8 Thursday, November 12, 2015 The San Juan Daily Star Gov t Revenues Outpacing Previous Fiscal Year s by 4.6% By The STAR Staff Commonwealth Treasury Secretary Juan Zaragoza announced Wednesday that net revenues recorded in the Puerto Rico government General Fund in October totaled $626 million. Fiscal year (FY) 2016 revenues were approximately $2.57 billion, some $112.6 million, or 4.6 percent, above revenues when compared to the same time last year. The Treasury secretary noted that actual revenues reached 99.7 percent of the original revenue estimates, while sales and use tax (IVU by its Spanish acronym) collections in October totaled $180.9 million, a $66.9 million increase year-over-year. Total revenues for October 2015 are not totally comparable to those from October 2014, Zaragoza noted. In October 2014, the Treasury Department received approximately $102.9 million in non-recurring revenues ($90.6 million from individuals and $12.3 million from corporations) associated with Act 77 of 2014, which granted a temporary period during which certain transactions, such as those involving Individual Retirement Accounts (IRAs), retirement plans and other capital assets, could be prepaid. If last year s revenues were adjusted for comparative purposes only, this year s revenues would exceed last year s, Zaragoza said in a written statement. As for the performance of the different categories, the IVU registered $180.9 million in October, approximately $66.9 million more than in October Year-to-date IVU revenues for FY 2016 were approximately $703.9 million, which is a year-overyear increase of $252 million, or 56 percent. From this amount, $247.6 million corresponds to the 4.5 percent rate increase. The year-to-date IVU revenues of $703.9 million are allocated as follows: $456.3 million of fiscal yearto-date IVU revenues were allocated to the Puerto Rico Sales Tax Financing Corp. (COFINA by its Spanish acronym) for debt service payments, and $247.6 million to the General Fund, pursuant to Act , as amended. Corporate taxes registered both upward and downward changes in October. Specifically, corporate income tax revenues increased by $17.4 million. This is notable, as $12.3 million in corporate income taxes were collected as non-recurring revenues related to Act 77 in October The non-resident withholdings registered a $26.8 million decrease, which includes royalties in the use of manufacturing patents, which are mainly attributed to the fact that a corporation made a non-recurring payment in October Foreign excise tax collections for the month were $116.6 million, representing a $20.8 million decrease from the same month of the previous year. This was due to the fact that two corporations reached the cap for this tax for calendar year Contrary to October of last year, one of these corporations did not make the payment this month because it had reached the cap in September. The other corporation paid only the amount needed to reach the cap, which represented a lower amount for the month than the amount last year. Regarding consumption excise taxes, alcoholic beverages increased by $1.9 million in October. Motor vehicle excise taxes registered a $17.3 million decrease in October, and year-to-date revenues registered a $39.5 million decline. This can be attributed to two factors, the main one being that a number of corporations claimed approximately $30 million in tax credits, and the second factor is that there was a reduction in sales. Cigarette excise tax revenues totaled $15 million. From that total, $5.7 million was accounted as transfers to different non-budgetary funds by virtue of various laws. 521 Fernández Juncos, Avenida Puerta de Tierra Tel Horario: lun a dom de 11:00 am a 11:00 pm

8 The San Juan Daily Star Thursday, November 12,

9 10 Thursday, November 12, 2015 The San Juan Daily Star English-First Advocate Blasts Carson for Endorsing PR Statehood By EVA LLORENS VELEZ U.S. English Chairman Mauro E. Mujica on Wednesday criticized Republican presidential candidate Ben Carson for endorsing statehood for Puerto Rico because most people on the island speak very little English, according to remarks published on its webpage. Mujica urged all other potential presidential nominees to support English as the official language. English is one of the two official languages of Puerto Rico. During a convention organized by gubernatorial candidate Ricardo Rosselló, Carson said he would be incredibly honored and delighted to support Puerto Rico statehood, noting that the commonwealth is very strategically located and suggesting that given the threat of terrorism, statehood would mean added unity for the United States. He also said having Puerto Rico join the Union would strengthen the United States. Mujica in a statement said that contrary to Carson s suggestion, declaring Puerto Rico the 51st state would be detrimental to our sense of national unity. An overwhelming majority of residents of Puerto Rico speak Spanish and nearly 85 percent of residents are of limited English proficiency, meaning they would struggle to carry on a basic conversation in English, he said. Without a common means of communication, a nation cannot prosper and residents remain separated by linguistic divisions. Furthermore, he said, Puerto Rico faces $72 billion in debt and a poverty rate of nearly 50 percent. Rather than taking on the added burden of a non-english-speaking state, Dr. Carson would do well to encourage the United States to adopt a national language policy with English at its core as our common, shared language, Mujica said. When armed with a firm grasp of English, the language of global commerce, residents of the United States are placed on the path to success. On this path, residents will be more likely to secure a better, higher paying job that will contribute to a stronger economy. Puerto Ricans have voted several times on the issue of statehood. At least half of the population has never wanted to become a state of the United States. Right now, they have the best deal: they are American citizens, and they have their own independent country [sic], Mujica said. I urge Dr. Carson -- and all potential presidential nominees -- to support a stronger United States economy by way of recognizing the unifying power of English as the official language. New York City Council Speaker Melissa Mark-Viverito, a native of Bayamón, also slammed Carson s call for Puerto Rico to become the 51st state, albeit for very different reasons. Good luck with that, Mark-Viverito who has backed Puerto Rican independence told the New York Daily News on Tuesday, referring to Carson s declaration that if he becomes president, he would work for statehood. I do not believe in statehood for Puerto Rico. It s a very complicated process. And I don t think that he would be the best spokesperson. Congress Passes Transportation Reauthorization That Boosts PR Highway Funds by $8 Million By MARIA MIRANDA SIERRA The U.S. House of Representatives has approved the Surface Transportation Reauthorization and Reform Act of 2015, which would reauthorize all federal highway and transit programs for six years, Puerto Rico Resident Commissioner Pedro Pierluisi announced Wednesday. The legislation includes a provision -- supported by Pierluisi -- that would increase the annual allocation for the Puerto Rico Highway Program by some $8 million. If enacted into law, this would raise funding for the program from the current $150 million to $158 million. These federal funds are made available every year by the U.S. Department of Transportation to the Puerto Rico Highways and Transportation Authority (PRHTA) an umbrella agency within the Department of Transportation and Public Works (DTOP by its Spanish acronym). The funding is used to improve roads and bridges throughout the island. The $8 million increase we secured in the House bill for the Puerto Rico Highway Program would help the PRH- TA execute more projects each year, Pierluisi said. At the same time, I remain concerned about the slow pace at which the PRHTA is accessing federal highway funds that are already available. The PRHTA needs to do a much better job of utilizing already available federal funds to improve infrastructure and create construction and related jobs. The resident commissioner said leaders in the U.S. House and Senate will now work over the next few weeks to reconcile their respective versions of this legislation, given that the Senate passed a different version earlier this year. The bill in the U.S. Senate -- where Puerto Rico has no representation -- would make no change in the amount available for the Puerto Rico Highway Program, Pierluisi said. Also included in the legislation is a reauthorization of the Export-Import Bank of the United States (EXIM). Pierluisi has been part of a coalition of Republicans and Democrats in the House advocating for reauthorization of the Bank, which provides direct loans, loan guarantees and credit insurance to international buyers of U.S.-manufactured products. In 2015 to date, EXIM has supported nearly $18 million in exports from 19 different companies in Puerto Rico, 16 of which are small businesses located in the towns of Barceloneta, Bayamón, Guaynabo, Guayanilla, Hormigueros, Juncos, Salinas, San Juan, Toa Baja and Yabucoa. The largest financing support provided this year by EXIM was for $6.5 million in export purchases from Schnitzer Puerto Rico Inc. in Salinas. Other EXIM financing assistance for purchases over $1 million supported Air Master Awning Inc. in Barceloneta, B&B Manufacturing Corp. in Bayamon,Fortiflex Inc. and Indusa Industrial Supplies Inc. in San Juan, Olein Recovery Corp. in Yabucoa, and Southern Wood Treating Inc. in Guayanilla, Pierluisi added. Both federal transportation programs and EXIM financing help create and sustain jobs in Puerto Rico, Pierluisi said. Investments in our transportation infrastructure improve our quality of life, help our economy grow, and create an attractive environment in which to do business. In addition, Pierluisi is supporting legislation being advocated by Rep. Daniel Lipinski of Illinois, a senior member of the House Transportation and Infrastructure Committee, that would establish a pilot program enabling states and territories to trade toll credits. Pierluisi is a co-sponsor of the standalone bill, H.R. 2172, which would establish this program, and he is working to include it in the final transportation legislation that will be sent to President Obama to become law. If the program were to be established, the PRHTA could sell a portion of its $700 million in accumulated toll credits to willing states in exchange for cash. That cash, in turn, could be put to use for any number of priorities, not simply transportation projects. Last year, the PRHTA was awarded over $700 million in toll credits reflecting the revenues it has collected from multiple toll roads around the island, and then invested it back into the highway system, Pierluisi said. Absent a new law allowing PRHTA to sell these credits for cash, it can apply the credits to satisfy the 20 percent local matching requirement for local highway and bridge projects in Puerto Rico that would be funded from the federal Puerto Rico Highway Program. The resident commissioner added that he has called on the PRHTA to make use of the toll credits so that the over $300 million in unspent Puerto Rico Highway Program funds can jump-start critical road and bridge projects on the island.

Sponsored by: Representative(s) Esquibel, Illoway and McGraw and Senator(s) Hanes, Job and Mockler. A Bill. for

Sponsored by: Representative(s) Esquibel, Illoway and McGraw and Senator(s) Hanes, Job and Mockler. A Bill. for 00 STATE OF WYOMING 0LSO-0 HOUSE JOINT RESOLUTION NO. HJ000 Self-determination for Puerto Rico. Sponsored by: Representative(s) Esquibel, Illoway and McGraw and Senator(s) Hanes, Job and Mockler A Bill

More information

Marine Diver. The San Juan Daily Star. Wednesday, October 14, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Wednesday, October 14, 2015. Self-winding movement. Water-resistant to 300m. 2 Wednesday, October 14, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

A View From the Ground

A View From the Ground Puerto Rico: A View From the Ground A Reorg Research Webcast Series Status of the Recovery Act Ruled Unconstitutional A U.S. District Court ruled the law was preempted by Section 903(1) Appeal Argument

More information

CRS Report for Congress Received through the CRS Web

CRS Report for Congress Received through the CRS Web CRS Report for Congress Received through the CRS Web 97-526 GOV Updated June 24, 1998 Puerto Rico: A Chronology of Political Status History Garrine P. Laney Analyst in American National Government Government

More information

Marine Diver. The San Juan Daily Star. Monday, November 23, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Monday, November 23, 2015. Self-winding movement. Water-resistant to 300m. 2 Monday, November 23, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

Marine Diver. The San Juan Daily Star. Tuesday, November 3, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Tuesday, November 3, 2015. Self-winding movement. Water-resistant to 300m. 2 Tuesday, November 3, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

Marine Diver. The San Juan Daily Star. Wednesday, November 18, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Wednesday, November 18, 2015. Self-winding movement. Water-resistant to 300m. 2 Wednesday, November 18, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

Puerto Rico Wing News

Puerto Rico Wing News Puerto Rico Wing News 11th Edition, August 2014 Editor: Lt Col Marie Ann Rivera, PAO Assistant Editors: Col Luis Cubano and Maj Sally Browne Puerto Rico Wing News MEMORIAL DAY HISTORY Inside this issue:

More information

Marine Diver. The San Juan Daily Star. Wednesday, September 2, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Wednesday, September 2, 2015. Self-winding movement. Water-resistant to 300m. 2 Wednesday, September 2, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

Thursday, October 1, 2015. The San Juan Daily Star

Thursday, October 1, 2015. The San Juan Daily Star 2 Thursday, October 1, 2015 The San Juan Daily Star GOOD MORNING The San Juan Daily Star, the only paper with 3 October 1, 2015 News Service in English in Puerto Rico, publishes 7 days a week, with a Monday,

More information

Marine Diver. The San Juan Daily Star. Monday, November 9, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Monday, November 9, 2015. Self-winding movement. Water-resistant to 300m. 2 Monday, November 9, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

Thursday, September 17, 2015. The San Juan Daily Star

Thursday, September 17, 2015. The San Juan Daily Star 2 Thursday, September 17, 2015 The San Juan Daily Star GOOD MORNING The San Juan Daily Star, the only paper with 3 September 17, 2015 News Service in English in Puerto Rico, publishes 7 days a week, with

More information

Name: Date: Period: Should the U.S. admit Puerto Rico as the 51 st state?

Name: Date: Period: Should the U.S. admit Puerto Rico as the 51 st state? Name: Date: Period: Should the U.S. admit Puerto Rico as the 51 st state? 1. After the War of 1812, much of America's attention turned to the exploration and settlement of its territory to the West, which

More information

Marine Diver. The San Juan Daily Star. Tuesday, November 10, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Tuesday, November 10, 2015. Self-winding movement. Water-resistant to 300m. 2 Tuesday, November 10, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

In this activity, students try to solve a mystery about the Pledge of Allegiance.

In this activity, students try to solve a mystery about the Pledge of Allegiance. Enrichment Activity 1 The Changing Pledge In this activity, students try to solve a mystery about the Pledge of Allegiance. They are provided with a version of the Pledge from October 1892 and are asked

More information

(No. 34-2014) (Approved March 4, 2014) AN ACT

(No. 34-2014) (Approved March 4, 2014) AN ACT (H. B. 1696) (No. 34-2014) (Approved March 4, 2014) AN ACT To authorize the issue of bonds of the Government of the Commonwealth of Puerto Rico in a principal amount that shall not exceed three billion

More information

The Status of Puerto Rico. Spain, after treating Puerto Rico for almost 400 years as a Spanish colony, grants autonomy to Puerto Rico.

The Status of Puerto Rico. Spain, after treating Puerto Rico for almost 400 years as a Spanish colony, grants autonomy to Puerto Rico. [1-ltf-77] CHRONOLOGY: The Status of Puerto Rico 1897 Spain, after treating Puerto Rico for almost 400 years as a Spanish colony, grants autonomy to Puerto Rico. 1898 On July 25, 1898, three months after

More information

Why Puerto Rico may now be stuck in no man s land

Why Puerto Rico may now be stuck in no man s land Why Puerto Rico may now be stuck in no man s land March 2, 2015 by Municipal Insight Committee of Eaton Vance After its debt recovery act is struck down, Puerto Rico faces significant short-term and longterm

More information

Thursday, July 9, 2015. The San Juan Daily Star

Thursday, July 9, 2015. The San Juan Daily Star 2 Thursday, July 9, 2015 GOOD MORNING 3 July 9, 2015 has exclusive New York Times News Service in English in Puerto Rico Governor Says Obama Cabinet Holding Back on Helping PR Local Mainland Business Interna

More information

Marine Diver. The San Juan Daily Star. October 9-11, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. October 9-11, 2015. Self-winding movement. Water-resistant to 300m. 2 October 9-11, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star GOOD MORNING

More information

FEDERAL-POSTAL COALITION

FEDERAL-POSTAL COALITION FEDERAL-POSTAL COALITION September 15, 2011 The Honorable Barack Obama President of the United States The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Dear Mr. President: On behalf of

More information

COMMONWEALTH OF PUERTO RICO Supplemental Financial Information Report

COMMONWEALTH OF PUERTO RICO Supplemental Financial Information Report COMMONWEALTH OF PUERTO RICO Supplemental Financial Information Report August 15, 2013 General Fund Preliminary Revenues for Fiscal Year 2013 Compared to Fiscal Year 2012 General Fund preliminary total

More information

TAX REVENUE MONTHLY REPORT

TAX REVENUE MONTHLY REPORT TAX REVENUE MONTHLY REPORT NOVEMBER 2015 TAX REVENUE PERFORMANCE Total tax revenue went up to 12.1 billion in November and expanded by 1.5% in a year-to-year comparison (0.18 billion more) as a result

More information

Informative Booklet. To Provide Guidance on the Income Tax Responsibilities of Federal, Military and Other Employees

Informative Booklet. To Provide Guidance on the Income Tax Responsibilities of Federal, Military and Other Employees Informative Booklet To Provide Guidance on the Income Tax Responsibilities of Federal, Military and Other Employees Forms and Publications Division September 2012 This booklet offers valuable information

More information

Marine Diver. The San Juan Daily Star. Wednesday, February 10, 2016. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Wednesday, February 10, 2016. Self-winding movement. Water-resistant to 300m. 2 Wednesday, February 10, 2016 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M GOOD MORNING, the only

More information

Facts and Figures on the Middle-Class Squeeze in Idaho

Facts and Figures on the Middle-Class Squeeze in Idaho Facts and Figures on the Middle-Class Squeeze in Idaho For hard-working, middle-class families all over the country, life during the Bush presidency has grown less affordable and less secure. President

More information

Marine Diver. The San Juan Daily Star. September 4-6, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. September 4-6, 2015. Self-winding movement. Water-resistant to 300m. 2 September 4-6, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star GOOD

More information

(No. 108) (Approved April 11, 2003) AN ACT

(No. 108) (Approved April 11, 2003) AN ACT (H. B. 3495) (No. 108) (Approved April 11, 2003) AN ACT To add paragraph (45) to subsection (b) of Section 1022; amend paragraph (4) of subsection (a) of Section 1053; to amend subsection (c) of Section

More information

H.R. 3221 Housing Assistance Tax Act of 2008

H.R. 3221 Housing Assistance Tax Act of 2008 H.R. 3221 Housing Assistance Tax Act of 2008 July 23, 2008 I. ASSISTANCE FOR HOME BUYERS AND HOME OWNERS Refundable first-time home buyer credit. The bill would provide a refundable tax credit that is

More information

The Structure and Function of the Legislative Branch Notes. Section 1: The Senate and the House of Representatives

The Structure and Function of the Legislative Branch Notes. Section 1: The Senate and the House of Representatives Attachment A The Structure and Function of the Legislative Branch Notes Section 1: The Senate and the House of Representatives The Role of Congress Congress is the lawmaking or legislative body of our

More information

Individual income tax

Individual income tax International Tax Puerto Rico Tax Alert 12 June 2015 Tax reform enacted Contacts Francisco A. Castillo fcastillo@deloitte.com Ricardo Villate rvillate@deloitte.com Michelle Corretjer mcorretjer@deloitte.com

More information

2015 Beehive Bonanza. Student Congress Legislation Packet*

2015 Beehive Bonanza. Student Congress Legislation Packet* 01 Beehive Bonanza Student Congress Legislation Packet* CONTENTS A Resolution to Amend the Constitution Establish Equal Gender Rights... A Bill to Divert Funding for Bio Fuel to Development of Nuclear

More information

Obama Tax Compromise APPROVED by Congress

Obama Tax Compromise APPROVED by Congress December 17, 2010 Obama Tax Compromise APPROVED by Congress on Thursday, December 16, 2010 The $858 billion tax deal negotiated by President Obama and Republican leadership was overwhelmingly approved

More information

STATEMENT BY MAJOR GENERAL JUDD H. LYONS ACTING DIRECTOR, ARMY NATIONAL GUARD BEFORE THE U.S. HOUSE OF REPRESENTATIVES APPROPRIATIONS COMMITTEE

STATEMENT BY MAJOR GENERAL JUDD H. LYONS ACTING DIRECTOR, ARMY NATIONAL GUARD BEFORE THE U.S. HOUSE OF REPRESENTATIVES APPROPRIATIONS COMMITTEE STATEMENT BY MAJOR GENERAL JUDD H. LYONS ACTING DIRECTOR, ARMY NATIONAL GUARD BEFORE THE U.S. HOUSE OF REPRESENTATIVES APPROPRIATIONS COMMITTEE SUBCOMMITTEE ON DEFENSE FIRST SESSION, 114 TH CONGRESS ON

More information

ON MEMORIAL DAY, WE COMMEMORATE AND CELEBRATE WITH HUMBLE REVERENCE, THE MEMORY OF ABSENT COMRADES, ALL OF WHOM EPITOMIZE AND GIVE

ON MEMORIAL DAY, WE COMMEMORATE AND CELEBRATE WITH HUMBLE REVERENCE, THE MEMORY OF ABSENT COMRADES, ALL OF WHOM EPITOMIZE AND GIVE MEMORIAL DAY 2009 ON MEMORIAL DAY, WE COMMEMORATE AND CELEBRATE WITH HUMBLE REVERENCE, THE MEMORY OF ABSENT COMRADES, ALL OF WHOM EPITOMIZE AND GIVE TRUE MEANING TO THE WORDS, VALOR, SACRIFICE, LOYALTY

More information

TAX ALERT. Designated Professional Services subject to 4% Special SUT

TAX ALERT. Designated Professional Services subject to 4% Special SUT SEPTEMBER 2015 ISSUE 32 WWW.BDOPR.COM TAX ALERT SALES AND USE TAX INTRODUCTORY RATE ON MERCHANTS THAT PROVIDE DESIGNATED PROFESSIONAL SERVICES AND SERVICES RENDERED TO OTHER MERCHANTS (B2B) IMPORTANT NOTICE

More information

GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO

GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO SPECIAL LIQUIDITY UPDATE DATED MARCH 5, 2014 Introduction GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO SPECIAL LIQUIDITY UPDATE March 5, 2014 This Special Liquidity

More information

FEDERAL-POSTAL COALITION

FEDERAL-POSTAL COALITION FEDERAL-POSTAL COALITION October 20, 2011 The Honorable Patty Murray Co- Chair Joint Select Committee on Deficit Reduction 448 Russell Senate Office Building Washington, D.C. 20510 The Honorable Jeb Hensarling

More information

Puerto Rico Tax-Backed Debt Downgraded To 'CC' From 'CCC-' Following Release Of Fiscal Commission Report

Puerto Rico Tax-Backed Debt Downgraded To 'CC' From 'CCC-' Following Release Of Fiscal Commission Report Puerto Rico Tax-Backed Debt Downgraded To 'CC' From 'CCC-' Following Release Of Fiscal Commission Report Primary Credit Analyst: David G Hitchcock, New York (1) 212-438-2022; david.hitchcock@standardandpoors.com

More information

Statement of James Costos. Ambassador Designate to Spain. Senate Foreign Relations Committee. July 25, 2013

Statement of James Costos. Ambassador Designate to Spain. Senate Foreign Relations Committee. July 25, 2013 Statement of James Costos Ambassador Designate to Spain Senate Foreign Relations Committee July 25, 2013 Chairman Murphy, Ranking Member Johnson, Members of the Committee, Thank you for the opportunity

More information

On Life Support: The Puerto Rico Healthcare Crisis

On Life Support: The Puerto Rico Healthcare Crisis By Shelley Michelson, Director, NewOak Capital Overview Puerto Rico s troubles are not limited its fiscal and debt situation. On October 22nd, the Obama Administration, through the US Treasury, made its

More information

RESULTS January 2015 U.S. Poverty National Conference Call Getting Face-to-Face Meetings and Creating Powerful Plans for Success in 2015 Saturday,

RESULTS January 2015 U.S. Poverty National Conference Call Getting Face-to-Face Meetings and Creating Powerful Plans for Success in 2015 Saturday, RESULTS January 2015 U.S. Poverty National Conference Call Getting Face-to-Face Meetings and Creating Powerful Plans for Success in 2015 Saturday, January 10, 12:30 pm ET, (888) 409-6709 2 Welcome from

More information

Grantmakers of Kentucky Washington Update. August 27, 2012

Grantmakers of Kentucky Washington Update. August 27, 2012 Grantmakers of Kentucky Washington Update August 27, 2012 About Independent Sector Membership organization @IndSector Focused on federal level sector-wide issues www.facebook.com/ IndependentSector Priorities

More information

LOS ANGELES COMMUNITY COLLEGE DISTRICT PERSONNEL COMMISSION. 820 LAW AND RULES February 8, 1990

LOS ANGELES COMMUNITY COLLEGE DISTRICT PERSONNEL COMMISSION. 820 LAW AND RULES February 8, 1990 MILITARY LEAVE OF ABSENCE Military and Veterans Code, Sections 389, 395, 395.01, 395.02, 305.03, 395.04, 395.05, 395.1, 395.2, and 395.3 389. Definitions. (a) As used in this chapter, "temporary Military

More information

Policy & Regulatory Update. Wednesday, August 26 th 2015

Policy & Regulatory Update. Wednesday, August 26 th 2015 Policy & Regulatory Update Wednesday, August 26 th 2015 Speaker Katherine LaBeau Policy Director & Counsel Where Are We Now? Recap of policy developments in 2014 and 2015 so far Recap Important Milestones

More information

Obama vs. McCain. The United States economic growth has slowed and many fear that we are headed toward

Obama vs. McCain. The United States economic growth has slowed and many fear that we are headed toward Ben Faanunu Econ 430 Obama vs. McCain The United States economic growth has slowed and many fear that we are headed toward a recession. From higher gas prices to failure in the housing sector, Americans

More information

STATE OF HAWAII DEPARTMENT OF DEFENSE TESTIMONY ON HOUSE BILL 1153, RELATING TO VETERANS PRESENTATION TO THE COMMITTEE ON FINANCE

STATE OF HAWAII DEPARTMENT OF DEFENSE TESTIMONY ON HOUSE BILL 1153, RELATING TO VETERANS PRESENTATION TO THE COMMITTEE ON FINANCE STATE OF HAWAII DEPARTMENT OF DEFENSE TESTIMONY ON HOUSE BILL 1153, RELATING TO VETERANS PRESENTATION TO THE COMMITTEE ON FINANCE BY MR. RONALD P. HAN DIRECTOR OF THE STATE OFFICE OF VETERANS SERVICES

More information

SPEAKING NOTES FOR MEMBERS OF THE LEGION ON THE OCCASION OF THE POPPY CAMPAIGN

SPEAKING NOTES FOR MEMBERS OF THE LEGION ON THE OCCASION OF THE POPPY CAMPAIGN SPEAKING NOTES FOR MEMBERS OF THE LEGION ON THE OCCASION OF THE POPPY CAMPAIGN 28 OCT 11 NOV 2016 Acknowledge host and special guests As Heather Robertson wrote in her book entitled: A Terrible Beauty,

More information

Addressing Puerto Rico s Economic and Fiscal Crisis and Creating a Path to Recovery: Roadmap for Congressional Action

Addressing Puerto Rico s Economic and Fiscal Crisis and Creating a Path to Recovery: Roadmap for Congressional Action Addressing Puerto Rico s Economic and Fiscal Crisis and Creating a Path to Recovery: Roadmap for Congressional Action The Commonwealth of Puerto Rico is in the midst of an economic and fiscal crisis, and

More information

PUERTO RICO Veteran Services

PUERTO RICO Veteran Services Veteran Services FEDERAL Department of Housing and Urban 171 Carlos Chardón Ave. Suite 301 San Juan, PR 00918-0903 (787) 766-5400 Development Edificio Administración de Terrenos Department of Veterans

More information

STATEMENT BY SEN. BERNARD SANDERS ON SOCIAL SECURITY

STATEMENT BY SEN. BERNARD SANDERS ON SOCIAL SECURITY STATEMENT BY SEN. BERNARD SANDERS ON SOCIAL SECURITY Sometimes we all tend to take things for granted and we forget that Social Security is the most successful government program in our nation's history.

More information

Federal Budget Process and Budget Terms 1

Federal Budget Process and Budget Terms 1 Federal Budget Process and Budget Terms 1 While there is a traditional budget process, less traditional funding mechanisms have been relied upon by legislators in recent years. This document outlines the

More information

at Disney s Yacht and Beach Club Resort and Conference Center, Lake Buena Vista, Florida Presented By: IRSCompliance.org and 1099 Pro, Inc.

at Disney s Yacht and Beach Club Resort and Conference Center, Lake Buena Vista, Florida Presented By: IRSCompliance.org and 1099 Pro, Inc. at Disney s Yacht and Beach Club Resort and Conference Center, Lake Buena Vista, Florida Presented By: IRSCompliance.org and 1099 Pro, Inc. Sunday, July 6 9:00 9:50 AM Split General Sessions New to the

More information

Marine Diver. The San Juan Daily Star. Monday, October 26, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Monday, October 26, 2015. Self-winding movement. Water-resistant to 300m. 2 Monday, October 26, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

California Proposes to Harness Revenue Volatility to Rebuild Rainy-day Funds

California Proposes to Harness Revenue Volatility to Rebuild Rainy-day Funds Feb 2014 California Proposes to Harness Revenue Volatility to Rebuild Rainy-day Funds Overview As revenue recovers, California is seeking to rebuild its financial cushion in a way that leaves it better

More information

FY 2017 CONGRESSIONAL BUDGET JUSTIFICATION EMPLOYMENT AND TRAINING ADMINISTRATION. Community Service Employment for Older Americans

FY 2017 CONGRESSIONAL BUDGET JUSTIFICATION EMPLOYMENT AND TRAINING ADMINISTRATION. Community Service Employment for Older Americans FY 2017 CONGRESSIONAL BUDGET JUSTIFICATION EMPLOYMENT AND TRAINING ADMINISTRATION Community Service Employment for Older Americans This page is intentionally left blank. TABLE OF CONTENTS Appropriation

More information

- 1 - The Honorable Ron Wyden Chairman Committee on Finance United States Senate 219 Dirksen Senate Office Building Washington, D.C.

- 1 - The Honorable Ron Wyden Chairman Committee on Finance United States Senate 219 Dirksen Senate Office Building Washington, D.C. The Honorable Ron Wyden Chairman Committee on Finance United States Senate 219 Dirksen Senate Office Building Washington, D.C. 20510 The Honorable Orrin Hatch Ranking Member Committee on Finance United

More information

O n March 11, 2013, Bloomberg published an article informing the financial community about New York

O n March 11, 2013, Bloomberg published an article informing the financial community about New York Act 20 Export Service Companies of Bona-Fide Residents of Puerto Rico: The Potential Pitfalls By: Fernando Goyco-Covas. O n March 11, 2013, Bloomberg published an article informing the financial community

More information

Senior Solutions To Help Michigan Weather The Economic Storm

Senior Solutions To Help Michigan Weather The Economic Storm The Platform Of Older Michiganians Day 2009 Senior Solutions To Help Michigan Weather The Economic Storm Sponsors Michigan s economic indicators and outlook are at their lowest point since the end of World

More information

Unemployment Compensation (UC) and the Unemployment Trust Fund (UTF): Funding UC Benefits

Unemployment Compensation (UC) and the Unemployment Trust Fund (UTF): Funding UC Benefits Unemployment Compensation (UC) and the Unemployment Trust Fund (UTF): Funding UC Benefits Julie M. Whittaker Specialist in Income Security March 12, 2014 The House Ways and Means Committee is making available

More information

COMMONWEALTH OF PUERTO RICO Financial Information and Operating Data Report October 30, 2014

COMMONWEALTH OF PUERTO RICO Financial Information and Operating Data Report October 30, 2014 COMMONWEALTH OF PUERTO RICO Financial Information and Operating Data Report October 30, 2014 CR 10.30.14 (4); 1 00185871; 1 TABLE OF CONTENTS Page INTRODUCTION... 1 Forward-Looking Statements... 1 BASIC

More information

Marine Diver. The San Juan Daily Star. Tuesday, November 24, 2015. Self-winding movement. Water-resistant to 300m.

Marine Diver. The San Juan Daily Star. Tuesday, November 24, 2015. Self-winding movement. Water-resistant to 300m. 2 Tuesday, November 24, 2015 Marine Diver Self-winding movement. Water-resistant to 300m. 18 ct rose gold case. Also available in stainless steel. U LY S S E - N A R D I N. C O M The San Juan Daily Star

More information

The IMF believes that Latvia will be able to pay back the loan

The IMF believes that Latvia will be able to pay back the loan The IMF believes that Latvia will be able to pay back the loan The International Monetary Fund (IMF) has not started any particular talks with Latvia about the repayment of the international loan, which

More information

Novogradac Report on Tax Credits Transcript: July 22, 2008

Novogradac Report on Tax Credits Transcript: July 22, 2008 Total Word Count: 1442 (Intro music) Novogradac Report on Tax Credits Hello. It s Tax Credit Tuesday and I m Michael Novogradac. This is the Novogradac Report on Tax Credits, a podcast presented each week

More information

operations@pay-net.net (this will be forwarded to the appropriate person)

operations@pay-net.net (this will be forwarded to the appropriate person) April, 2009 Welcome to our Forty Fourth Edition of Pay-Net s E-Newsletter. Previous editions of our E- Newsletter are available on our web site, www.pay-net.net, under the Employer Resources Newsletter

More information

Establishing Business Operations in Puerto Rico

Establishing Business Operations in Puerto Rico Puerto Rico 2012 Landa Umpierre PSC Ͳ ͲͰ ǡ ǡ Ͳ T:ͳʹ ͳǥͳͳͱǥͱͳͱͱe: lupsc@landaumpierre.com Puerto Rico 1 CONTENTS Executive Summary 2 New Legal Entity in Puerto Rico 3 Key Points 3 Registration at the PR

More information

A BIPARTISAN PLAN TO REDUCE OUR NATION S DEFICITS EXECUTIVE SUMMARY

A BIPARTISAN PLAN TO REDUCE OUR NATION S DEFICITS EXECUTIVE SUMMARY A BIPARTISAN PLAN TO REDUCE OUR NATION S DEFICITS EXECUTIVE SUMMARY This bipartisan, comprehensive, and balanced plan consistent with the recommendations of the Bowles-Simpson fiscal commission that will:

More information

PROP. 41 (June, 2014): VETERANS HOUSING AND HOMELESS PREVENTION BOND ACT

PROP. 41 (June, 2014): VETERANS HOUSING AND HOMELESS PREVENTION BOND ACT Board of Directors Policy Committee: Home Ownership Housing Committee (Information only) Level of Government Committee: Legislative Committee (Information Only) May 2, 2014 PROP. 41 (June, 2014): VETERANS

More information

FY 2012 Budget Highlights and Expense Control

FY 2012 Budget Highlights and Expense Control FY 2012 Budget Highlights and Expense Control Juan Carlos Pavía Director Office of Management & Budget April 8, 2011 Disclaimer Today s presentation includes certain statements that are not historical

More information

Kansas Legislator Briefing Book 2015

Kansas Legislator Briefing Book 2015 K a n s a s L e g i s l a t i v e R e s e a r c h D e p a r t m e n t Kansas Legislator Briefing Book 2015 J-1 Kansas Health Insurance Mandates J-2 Payday Loan Regulation J-3 Uninsured Motorists Financial

More information

IMPORTANT ASPECTS OF THE PROPOSED TAX REFORM OF 2015

IMPORTANT ASPECTS OF THE PROPOSED TAX REFORM OF 2015 P E L L O T - G O N Z Á L E Z T A X A T T O R N E Y S & C O U N S E L O R S A T L A W, P. S. C. F E B R U A R Y, 2 0 1 5 IMPORTANT ASPECTS OF THE PROPOSED TAX REFORM OF 2015 House Bill 2329 (Bill) Act

More information

STATEMENT JOHN O'BRIEN DIRECTOR OF PLANNING AND POLICY ANALYSIS U.S. OFFICE OF PERSONNEL MANAGEMENT. before the

STATEMENT JOHN O'BRIEN DIRECTOR OF PLANNING AND POLICY ANALYSIS U.S. OFFICE OF PERSONNEL MANAGEMENT. before the STATEMENT of JOHN O'BRIEN DIRECTOR OF PLANNING AND POLICY ANALYSIS U.S. OFFICE OF PERSONNEL MANAGEMENT before the THE COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM UNITED STATES HOUSE OF REPRESENTATIVES

More information

Remarks by Dr. N. Gregory Mankiw Chairman Council of Economic Advisers at the National Bureau of Economic Research Tax Policy and the Economy Meeting

Remarks by Dr. N. Gregory Mankiw Chairman Council of Economic Advisers at the National Bureau of Economic Research Tax Policy and the Economy Meeting Remarks by Dr. N. Gregory Mankiw Chairman Council of Economic Advisers at the National Bureau of Economic Research Tax Policy and the Economy Meeting National Press Club November 4, 2003 My remarks today

More information

Instructions for Form 1116

Instructions for Form 1116 2005 Instructions for Form 1116 Foreign Tax Credit (Individual, Estate, or Trust) Section references are to the Internal Revenue Code unless otherwise noted. Department of the Treasury Internal Revenue

More information

The Needs of Military Families: How are States and the Pentagon Responding, especially for Guard and Reservists?

The Needs of Military Families: How are States and the Pentagon Responding, especially for Guard and Reservists? The Needs of Military Families: How are States and the Pentagon Responding, especially for Guard and Reservists? Bill Number: Hearing Date: July 21, 2004, 2:00 pm Location: SD-430 Witness: The Honorable

More information

Extenders provisions in the Protecting Americans from Tax Hikes Act of 2015 & the Consolidated Appropriations Act, 2016

Extenders provisions in the Protecting Americans from Tax Hikes Act of 2015 & the Consolidated Appropriations Act, 2016 Extenders provisions in the Protecting Americans from Tax Hikes Act of 2015 & the Consolidated Appropriations Act, 2016 The tables below outline the tax extenders provisions included in H.R. 2029, legislation

More information

General fund revenues expected to show moderate growth over the forecast horizon

General fund revenues expected to show moderate growth over the forecast horizon A-13 REVENUE FORECAST The Commonwealth's total revenue consists of two types of resources: the general fund and nongeneral funds. About half of state revenues are "nongeneral funds," or funds earmarked

More information

TESTIMONY IN REGARDS TO THE ECONOMIC STATUS OF PUERTO RICO AS A NON-INCORPORATED TERRITORY OF THE UNITED STATES OF AMERICA

TESTIMONY IN REGARDS TO THE ECONOMIC STATUS OF PUERTO RICO AS A NON-INCORPORATED TERRITORY OF THE UNITED STATES OF AMERICA 1 TESTIMONY IN REGARDS TO THE ECONOMIC STATUS OF PUERTO RICO AS A NON-INCORPORATED TERRITORY OF THE UNITED STATES OF AMERICA BY JOSE M. MENENDEZ-MONROIG INTRODUCTION Nothing has done more damage to the

More information

Federal Spending During the G.W. Bush and Obama Administrations

Federal Spending During the G.W. Bush and Obama Administrations Federal Spending During the G.W. Bush and Obama Administrations Many Republicans have been shouting that Federal spending is out of control under President Obama, and that he has wasted enormous sums on

More information

T he transfer of assets upon death by residents of Puerto Rico ( PR ) may be subject to estate taxes imposed by the United

T he transfer of assets upon death by residents of Puerto Rico ( PR ) may be subject to estate taxes imposed by the United US and PR Estate Tax considerations for Puerto Rico Residents Born in PR or Who Acquired US Citizenship Solely by Residency in PR (PR Persons) By: Ricardo Muñiz, Esq. T he transfer of assets upon death

More information

The For Profit College Challenge

The For Profit College Challenge The For Profit College Challenge By Ariel Sankar Bergmann For profit colleges have a different organizational structure than community colleges, public universities or non profit private schools. The Higher

More information

SAN FRANCISCO RETIREMENT FAQS

SAN FRANCISCO RETIREMENT FAQS SAN FRANCISCO RETIREMENT FAQS In early March 2011, hundreds of Local 21 San Francisco members attended retirement and healthcare security meetings at worksites across the city. The meetings were designed

More information

SECTION I COMMISSION ACTIVITIES. Fiscal Year 2012

SECTION I COMMISSION ACTIVITIES. Fiscal Year 2012 SECTION I COMMISSION ACTIVITIES Fiscal Year 2012 Page 2 Role of the New Jersey Commission on Capital Budgeting and Planning The New Jersey Commission on Capital Budgeting and Planning, established in 1975,

More information

COMMONWEALTH OF PUERTO RICO QUARTERLY REPORT DATED JULY 17, 2014 00163411; 1

COMMONWEALTH OF PUERTO RICO QUARTERLY REPORT DATED JULY 17, 2014 00163411; 1 COMMONWEALTH OF PUERTO RICO QUARTERLY REPORT DATED JULY 17, 2014 00163411; 1 Table of Contents Page No. INTRODUCTION... 1 RISK FACTORS... 3 RECENT DEVELOPMENTS... 18 FISCAL CONDITION... 25 THE ECONOMY...

More information

Report of the Military Financial Protection Task Force Required By Executive Order S-16-06

Report of the Military Financial Protection Task Force Required By Executive Order S-16-06 Report of the Military Financial Protection Task Force Required By Executive Order S-16-06 EXECUTIVE SUMMARY: On August 23, 2006, the Governor issued Executive Order S-16-06 to establish the position of

More information

CHAPTER X: INCOME TAX In the Republic of Panama, it is an essential constitutional principle that no one has to pay any contribution or tax unless it

CHAPTER X: INCOME TAX In the Republic of Panama, it is an essential constitutional principle that no one has to pay any contribution or tax unless it CHAPTER X: INCOME TAX In the Republic of Panama, it is an essential constitutional principle that no one has to pay any contribution or tax unless it is legally established, and unless its collection is

More information

Tooele County School District Civics Test Study Guide

Tooele County School District Civics Test Study Guide Tooele County School District Civics Test Study Guide American Civics Education Initiative, S.B.60, was passed in the Utah legislative session of 2015. This law requires the successful passage of a basic

More information

Indian Health Service Advances in Indian Health Conference April 30, 2010. Indian Health Care Reform

Indian Health Service Advances in Indian Health Conference April 30, 2010. Indian Health Care Reform Indian Health Service Advances in Indian Health Conference April 30, 2010 Indian Health Care Reform by Yvette Roubideaux, M.D., M.P.H. Director, Indian Health Service Good morning. It s a pleasure to be

More information

BUDGET IN BRIEF. Amended FY 2011 and Fiscal Year 2012 NATHAN DEAL GOVERNOR STATE OF GEORGIA

BUDGET IN BRIEF. Amended FY 2011 and Fiscal Year 2012 NATHAN DEAL GOVERNOR STATE OF GEORGIA BUDGET IN BRIEF Amended FY 2011 and Fiscal Year 2012 NATHAN DEAL GOVERNOR STATE OF GEORGIA State of Georgia s Budget in Brief Amended FY 2010 and FY 2011 1 BUDGET IN BRIEF AMENDED FISCAL YEAR 2011 AND

More information

ADDENDUM TO THE SENATE CALENDAR MONDAY. April 28, 2014 COMMITTEE REPORT H. 885

ADDENDUM TO THE SENATE CALENDAR MONDAY. April 28, 2014 COMMITTEE REPORT H. 885 ADDENDUM TO THE SENATE CALENDAR OF MONDAY April 28, 2014 COMMITTEE REPORT H. 885 An act relating to making appropriations for the support of government. COMMITTEE REPORT H. 885 An act relating to making

More information

American Issues. The American Presidency

American Issues. The American Presidency American Issues The American Presidency 1 Multiple choice test 1. The two major political parties in the USA are? a) The Republican Party and the American Party b) The Democratic Party and the Republican

More information

PUBLIC LAW 110 185 FEB. 13, 2008

PUBLIC LAW 110 185 FEB. 13, 2008 PUBLIC LAW 110 185 FEB. 13, 2008 122 STAT. 613 Public Law 110 185 110th Congress An Act To provide economic stimulus through recovery rebates to individuals, incentives for business investment, and an

More information

OFFICE OF VETERANS AFFAIRS February 18 th 2015 MESSAGE FROM THE DIRECTOR

OFFICE OF VETERANS AFFAIRS February 18 th 2015 MESSAGE FROM THE DIRECTOR GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS -0- OFFICE OF VETERANS AFFAIRS St. Croix: Tel: (340) 773-6663 Fax: (340) 692-9563 St. Thomas: Tel: (340) 774-6100 Fax: (340) 714-0589 OFFICE OF VETERANS AFFAIRS

More information

PUBLIC LAW 105 19 JUNE 18, 1997 VOLUNTEER PROTECTION ACT OF 1997

PUBLIC LAW 105 19 JUNE 18, 1997 VOLUNTEER PROTECTION ACT OF 1997 VOLUNTEER PROTECTION ACT OF 1997 111 STAT. 218 PUBLIC LAW 105 19 JUNE 18, 1997 June 18, 1997 [S. 543] Volunteer Protection Act of 1997. 42 USC 14501 note. 42 USC 14501. Public Law 105 19 105th Congress

More information

TEXAS VETERANS COMMISSION

TEXAS VETERANS COMMISSION ELISEO AL CANTU, JR. Major, US Army (Retired) Chairman JAMES H. SCOTT Colonel, USAF (Retired) Vice Chairman REV. RICHARD McLEON, IV US Army Veteran Secretary TEXAS VETERANS COMMISSION DANIEL P. MORAN Captain,

More information

2015 Public Policy Agenda

2015 Public Policy Agenda 2015 Public Policy Agenda Indiana s philanthropic sector plays an important role in promoting and supporting the quality of life in this state. The almost 1200 family, independent, community, and corporate

More information

Non-Deductible/ROTH IRA Disclosure Statement

Non-Deductible/ROTH IRA Disclosure Statement UBS Trust Company of Puerto Rico Non-Deductible/ROTH IRA Disclosure Statement UBS Trust Company of Puerto Rico ( UBS Trust or the Trustee ), as trustee of the UBS Puerto Rico Non- Deductible/ ROTH Individual

More information

Susan Swecker, Chair

Susan Swecker, Chair DEMOCRATIC PARTY OF VIRGINA Delegate Selection Plan Press Kit 2016 Democratic National Convention Susan Swecker, Chair In This Press Kit I. PRESS RELEASE... 3 II. CONGRESSIONAL DISTRICT MAP AND DELEGATE

More information

Public Law 108 447 108th Congress An Act

Public Law 108 447 108th Congress An Act 118 STAT. 2809 Public Law 108 447 108th Congress An Act Making appropriations for foreign operations, export financing, and related programs for the fiscal year ending September 30, 2005, and for other

More information

Description: Objectives & Purpose:

Description: Objectives & Purpose: Description: Hosted in the restored 1902 historic House Chamber, Issues in the House of Representatives is our most popular program for school groups. Students will be seated in reproduction 1902 desks

More information