Puerto Rico’s Resident Commissioner Pedro Pierluisi announced Wednesday that the U.S. Department of Agriculture is issuing payments totaling $720,560 to nearly 400 farmers in Puerto Rico through the Reimbursement Transportation Cost Payment Program for Geographically Disadvantaged Farmers and Ranchers.
The U.S. General Accounting Office released Wednesday a lengthy report assessing the impact of the Jones Act on Puerto Rico’s economy, saying, among other things, that the effects modifying the application of mandate “are highly uncertain, and various trade-offs could materialize depending on how the Act is modified.”
Puerto Rico isn’t a country, so unlike most of its English-speaking Caribbean neighbors, it doesn’t have an embassy in Washington. And it’s not a state either, so it can’t send to Congress the eight lawmakers — two senators and six representatives — its population of 3.7 million would warrant under statehood.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
