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Puerto Rico debt plan advances after committee vote
The House Natural Resources Committee approved the Puerto Rico debt relief bill 29 to 10, backed by Republicans and Democrats and the Obama administration. It moves to the House floor as supporters push to avoid a taxpayer bailout while opponents warn of overreach and impact on bondholders and the island’s governance.
MENTIONED IN THIS ARTICLE
U.S
House
Obama
House Natural Resources Committee
Rob Bishop
Utah
Pedro Pierluisi
Puerto Rico
Congress
Pierluisi
Alejandro Garcia Padilla
United States
Garcia
Bishop
Paul Ryan
Nancy Pelosi
Treasury
Jacob Lew
Pelosi
Lew
Ryan
R-Wis
Senate
Mitch McConnell
Sion
Control Board
Main Street
Tom McClintock
California
McClintock