Puerto Rico Sample Letter for Debtor Examination
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How to fill out Sample Letter For Debtor Examination?
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FAQ
If Puerto Rico became a state, it could cost the federal government up to $5.2 billion in additional annual funding in those programs alone. ing to statements by Resident Commissioner Pedro Pierluisi to the Puerto Rican press, the total sum could reach $10 billion, although he was probably exaggerating.
They reached their goal in 1897; however, a year later, Spain ceded the island to the United States under the provisions of the 1898 Treaty of Paris, which ended the Spanish-American War. In 1917, Puerto Rico became a U.S. territory and its people became U.S. citizens.
Puerto Rico would become a sovereign nation with its own political system, language, culture, and membership in the United Nations. The United States would no longer be obligated to provide financial support, but would lose all military bases unless Puerto Rico agreed to lease them.
If you're short on time, here's a quick answer: Hawaii was annexed as a U.S. territory in 1898 and became the 50th state in 1959 after a referendum demonstrated strong local support. Puerto Rico has rejected statehood multiple times via referendum.
Benefits of statehood include an additional $10 billion per year in federal funds, the right to vote in presidential elections, higher Social Security and Medicare benefits, and a right for its government agencies and municipalities to file for bankruptcy.
