US Senate passes bailout for Puerto Rico pols

posted by
June 30, 2016
The Hill    
Posted in News

"The Senate late Wednesday approved legislation to address Puerto Rico's [politicians'] growing debt crisis, stepping in to help the ailing territory['s politicians] just ahead of a daunting deadline. By a vote of 68-30, senators cleared a bill that would let the island['s politicians] restructure [their] massive debt load, while establishing an outside control board to police [their] troubled finances. The bill now heads to President Obama, who has been a vocal proponent of the measure and is expected to sign it in short order." (06/29/16)

http://thehill.com/policy/finance/286026-senate-passes-puerto-rico-debt-relief-bill  

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