Puerto Rico is a government that is spending money that it doesn't have. What's coming in and what's going out don't match. That is, what they are receiving in taxes is not sufficient to cover the spending that they are taking on. And any entity that does that, whether a family, a business, a government, is going to go broke and bankrupt. They are asking to be given the right to declare bankruptcy, which I think should be an option, as a last resort, if there is no other resource.

We've learned more from the newspapers sometimes than we do from our open hearings, for sure.

No. 1, it [amnesty for illegal aliens] demoralizes the people that are going through the legal process. It's a very clear signal that why go through the legal process if you can accomplish the same thing through the illegal process? And No. 2, it demoralizes the people enforcing the law. So I am not and I will never support - never have and never will support - any effort to grant blanket legalization amnesty to folks who have entered or stayed in this country illegally.

The reason we have a Cuban Adjustment Act is because, at the beginning, they [migrants] were fleeing political persecution.

The vast majority of the American people are hard-working taxpayers who take responsibility for their families, go to work every day, they pay their mortgage on time, they volunteer in the community.

Ted [Cruz], you support legalizing people who are in this country illegally.

We need to repeal Dodd-Frank act. It is eviscerating small businesses and small banks.