Economists from Boston-based Reeve & Associates and San Juan-based Estudios Técnicos Inc. released a joint report, “The Impact of the Jones Act on Puerto Rico,” that concluded the Jones Act has no impact on either retail prices or the cost of living in Puerto Rico.
Rep. Nydia M. Velázquez (D-NY) led members of Congress in writing the U.S. Department of Homeland Security calling for tangible steps to accelerate Puerto Rico’s recovery from Hurricane María.
WASHINGTON — Sen. John McCain (R-Arizona) lashed out at the Jones Act during a panel at the Heritage Foundation, saying the 94-year-old maritime law is an anachronism that hurts U.S. farmers and manufacturers at the expense of foreign rivals.